Subject matter
Article 1
This Regulation lays down the rules to be used in the assessment of compliance of credit rating methodologies with the requirements set out in Article 8(3) of Regulation (EC) No 1060/2009.
Commission Delegated Regulation (EU) No 447/2012 Article 1
Commission Delegated Regulation (EU) No 447/2012 Article 1
Other provisions in Commission Delegated Regulation (EU) No 447/2012
- Article 2: Demonstration of compliance
- Article 3: Assessment of compliance by ESMA
- Article 4: Assessing that a credit rating methodology is rigorous
- Article 5: Assessing that a credit rating methodology is systematic
- Article 6: Assessing that a credit rating methodology is continuous
- Article 7: Assessing that a credit rating methodology is subject to validation based on historical experience including back testing
- Article 8: Exemption
- Article 9: Entry into force
CitationArticle 1 of Commission Delegated Regulation (EU) No 447/2012 (LawPlayer, data as of 2026-07-04)
© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.
What to look at next
Commission Delegated Regulation (EU) No 447/2012, full textThe complete text of this law, so you can read this section in contextEuropean Union legislationEU Legal Acts by type and yearGrouped by instrument type and year of enactment, so you can find others of the same kindBrowse by type and yearEuropean Union: what this database coversWhich datasets are here, which official source they come from, and how current they areEuropean Union overview