Version status: Entered into force | Document consolidation status: No known changes

Published date: 30 May 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)

	Recitals
	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
	Done at