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Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
Version date: 31 December 2020 - onwards
Version 2 of 2

Article 19 Credit rating presentation requirements

A credit rating agency shall provide the FCA with information regarding the following items:

(a) policies and procedures with respect to the credit rating disclosure requirements laid down in the following provisions of Regulation (EC) No 1060/2009:

(i) paragraphs 1, 2 and 5 of Article 10;

(ii) Part I of Section D of Annex 1;

(b) where the credit rating agency rates structured instruments, policies and procedures with respect to the following provisions of Regulation (EC) No 1060/2009:

(i) Article 10(3);

(ii) point 4 of Section B of Annex I;

(iii) Part II of Section D of Annex I;

(c) samples of typical credit rating reports or other documents demonstrating how the credit rating agency meets or intends to meet these disclosure requirements; and

(d) samples of typical rating letters for each class of credit rating produced by the credit rating agency.