Art. 22a
Credit Rating Agencies Regulation · 32009R1060 · every event for this act · on EUR-Lex
3 changes recorded across 3 events, newest first.
in force 2015-06-21 MODIFIED±0§
Amended by Regulation (EU) No 462/2013 32013R0462
applies from: unknown
Sources disagree — the amending act's instructions found this change; the text comparison finds no difference in the provision's text and the EU's own amendment metadata does not list it. All are shown; none is overruled.
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in force 2013-06-20 MODIFIED§
Amended by Regulation (EU) No 462/2013 32013R0462
applies from: unchanged
Sources disagree — the text comparison and the amending act's instructions found this change; the EU's own amendment metadata does not list it. All are shown; none is overruled.
The article heading changed from referring to compliance with the back-testing obligation to referring to compliance with methodology requirements.
The body text of paragraphs 1 and 2, including the listed points (a), (b) and (c), remains the same in substance, with only formatting differences in how the paragraph numbers and sub-points are presented.
Cited: Art. 22a, v1 · Art. 22a, v2
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in force 2011-06-01 INSERTED§
Amended by Regulation (EU) No 513/2011 32011R0513
applies from: unknown (an inserted provision states its own application date only in prose)
Sources disagree — the text comparison and the amending act's instructions found this change; the EU's own amendment metadata does not list it. All are shown; none is overruled.
This is a newly inserted article giving ESMA a role in regularly examining compliance with the back-testing obligation under Article 8(3) as part of its ongoing supervision of registered credit rating agencies.
It further specifies that, without prejudice to Article 23, ESMA is to verify the execution of back-testing, analyse the results of that back-testing, and verify that credit rating agencies have processes to take those results into account in their rating methodologies.
Cited: Art. 22a, v2
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