Art. 8d
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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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.
A new Article 8d is added, setting out that where an issuer or a related third party plans to appoint at least two credit rating agencies for the same issuance or entity, it is to consider appointing at least one agency with no more than 10% of total market share, provided ESMA's list shows such an agency is available, with documentation required if no such agency is appointed.
The new article also requires ESMA to annually publish a list of registered credit rating agencies with their market share and types of ratings issued, and it defines total market share by reference to annual turnover from credit rating activities and ancillary services at group level.
Cited: Art. 8d, v2
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