Credit Rating Agencies Regulation
Articles
- Article 1 — Subject matter
- Article 2 — Scope
- Article 3 — Definitions
- Article 4 — Use of credit ratings
- Article 5 — Equivalence and certification based on equivalence
- Article 6 — Independence and avoidance of conflicts of interest
- Article 7 — Rating analysts, employees and other persons involved in the issuing of credit ratings
- Article 8 — Methodologies, models and key rating assumptions
- Article 9 — Outsourcing
- Article 10 — Disclosure and presentation of credit ratings
- Article 11 — General and periodic disclosures
- Article 12 — Transparency report
- Article 13 — Public disclosure fees
Chapter I Registration procedure
- Article 14 — Requirement for registration
- Article 15 — Application for registration
- Article 16 — Examination of the application for registration of a credit rating agency by the competent authorities
- Article 17 — Examination of the applications for registration of a group of credit rating agencies by the competent authorities
- Article 18 — Notification of the decision on the registration, refusal of registration or the withdrawal of registration of a credit rating agency
- Article 19 — Registration and supervisory fees
- Article 20 — Withdrawal of registration
Chapter II CESR and competent authorities
- Article 21 — Committee of European Securities Regulators
- Article 22 — Competent authorities
- Article 23 — Powers of competent authorities
- Article 24 — Supervisory measures by the competent authorities of the home Member State
- Article 25 — Supervisory measures by competent authorities other than the competent authority of the home Member State
Chapter III Cooperation between competent authorities
- Article 26 — Obligation to cooperate
- Article 27 — Exchange of information
- Article 28 — Cooperation in case of a request with regard to on-site inspections or investigations
- Article 29 — Colleges of competent authorities
- Article 30 — Delegation of tasks between competent authorities
- Article 31 — Mediation
- Article 32 — Professional secrecy
- Article 33 — Disclosure of information from another Member State
Chapter IV Cooperation with third countries
- Article 34 — Agreement on exchange of information
- Article 35 — Disclosure of information from third countries
Chapter I Penalties, committee procedure and reporting
- Article 36 — Penalties
- Article 37 — Amendments to Annexes
- Article 38 — Committee procedure
- Article 39 — Reports