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Version status: Amended | Document consolidation status: Updated to reflect all known changes
Version date: 1 June 2011 - onwards
Version 3 of 3

Article 9 Outsourcing

Outsourcing of important operational functions shall not be undertaken in such a way as to impair materially the quality of the credit rating agency's internal control and the ability of ESMA to supervise the credit rating agency's compliance with obligations under this Regulation.