European Commission 21 March 2012, 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

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European Union · · · Cited by 41 · 21-03-2012

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

30.5.2012

Official Journal of the European Union

L 140/14

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)

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