Home Technical Standards 2012 | Commission Delegated Regulation (EU) No 447/2012 Article 5 Assessing that a credit rating methodology is systematic
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Article 5 Assessing that a credit rating methodology is systematic

Article 5 Assessing that a credit rating methodology is systematic

01/01/2021EU
  1. (1)

    A credit rating agency shall use a credit rating methodology and its associated analytical models, key credit rating assumptions and criteria that are applied systematically in the formulation of all credit ratings in a given asset class or market segment unless there is an objective reason for diverging from it.

  2. (2)

    A credit rating agency shall use a credit rating methodology which is capable of promptly incorporating the findings from any review of its appropriateness.