Art. 5c
Credit Rating Agencies Regulation · 32009R1060 · every event for this act · on EUR-Lex
2 changes recorded across 2 events, newest first.
in force 2015-06-21 INSERTED±0§
Amended by Regulation (EU) No 462/2013 32013R0462
applies from: unknown
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text before / after
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in force 2013-06-20 INSERTED§
Amended by Regulation (EU) No 462/2013 32013R0462
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 new provision states that the Commission is to continue reviewing whether references to credit ratings in Union law cause or risk causing sole or mechanistic reliance on such ratings by competent authorities, sectoral competent authorities, the entities referred to in Article 4(1) first subparagraph, or other financial market participants.
It further states that this review is aimed at deleting all references to credit ratings in Union law for regulatory purposes by 1 January 2020, on condition that appropriate alternatives to credit risk assessment have been identified and implemented.
Cited: Art. 5c, v2
text before / after, on the event page →