Commission Delegated Regulation (EU) No 447/2012 of 21 March 2012 supplementing R... (32012R0447)
Commission Delegated Regulation (EU) No 447/2012 of 21 March 2012 supplementing Regulation (EC) No 1060/2009 of the European Parliament and of the Council on credit rating agencies by laying down regulatory technical standards for the assessment of compliance of credit rating methodologies Text with EEA relevance
- COMMISSION DELEGATED REGULATION (EU) No 447/2012
- of 21 March 2012
- supplementing Regulation (EC) No 1060/2009 of the European Parliament and of the Council on credit rating agencies by laying down regulatory technical standards for the assessment of compliance of credit rating methodologies
- (Text with EEA relevance)
- Article 1
- Subject matter
- 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
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