Skip to main content
Version status: | Document consolidation status: Updated to reflect all known changes
Version date: 20 May 2014 - onwards

Recitals

THE EUROPEAN COMMISSION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Regulation (EU) No 575/2013 of 26 June 2013 of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 [OJ L 176, 26.6.2013, p. 1.], and in particular third subparagraph of Article 143(5) and third subparagraph of Article 312(4),

Whereas:

(1) In accordance with Article 143(3) of Regulation (EU) No 575/2013 the range of application of a rating system refers to the type of exposures that may be rated with a specific rating system.