2024-07-01
Added · Updated
The European Commission amends Annex III of Implementing Regulation (EU) 2016/1799 by replacing the mapping tables that specify the correspondence between external credit assessment institutions' credit risk assessments and the credit quality steps set out in Regulation (EU) No 575/2013. These updates reflect changes in quantitative and qualitative factors, new rating scales, and name or symbol changes for specific institutions, while removing mappings for three deregistered external credit assessment institutions. The regulation enters into force on the twentieth day following its publication in the Official Journal of the European Union.
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This document amends: Commission Implementing Regulation (EU) 2021/2005 amending mapping tables for external credit assessment institutions, Commission Implementing Regulation (EU) 2016/1799 of 7 October 2016 laying down implementing technical standards with regard to the mapping of credit assessments of external credit assessment institutions for credit risk in accordance with Articles 136(1) and 136(3) of Regulation (EU) No 575/2013 of the European Parliament and of the Council (Text with EEA relevance)
Source: European Commission — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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