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Provision history · Credit Rating Agencies Regulation

Art. 18 · Notification of a decision to register, refuse or withdraw registration, and publication of the list of registered credit rating agencies

Credit Rating Agencies Regulation · 32009R1060 · every version of this act · on EUR-Lex

2 changes recorded across 2 versions, newest first.

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Version in force Modified +11 −409

Amended by Regulation (EU) No 462/2013 32013R0462 on EUR-Lex

Applies from: no date changed

Explanation, written by a model and checked against the cited text

In paragraph 2, the earlier text spelled out the full names of the European Banking Authority and the European Insurance and Occupational Pensions Authority together with their establishing regulations and Official Journal references, while the later text simply refers to them by the abbreviations EBA and EIOPA.

Cited: Art. 18, v1 · Art. 18, v2

v1 is the previous version, v2 this one.

Text from EUR-Lex, before and after

Previous version, in force 21 July 2011 02009R1060-20110721 → this version, in force 20 June 2013 02009R1060-20130620

Article 18 Notification of a decision to register, refuse or withdraw registration, and publication of the list of registered credit rating agencies 1. Within five working days of the adoption of a decision under Article 16, 17 or 20 ESMA shall notify its decision to the credit rating agency concerned. Where ESMA refuses to register the credit rating agency or withdraws the registration of the credit rating agency, it shall provide full reasons in its decision. 2. ESMA shall communicate to the Commission, the European Supervisory Authority (European Banking Authority) established by Regulation (EU) No 1093/2010 of the European Parliament and of the Council OJ L 331, 15.12.2010, p. 12. (EBA), the European Supervisory Authority (European Insurance and Occupational Pensions Authority) established by Regulation (EU) No 1094/2010 of the European Parliament and of the Council OJ L 331, 15.12.2010, p. 48. (EIOPA), EBA, EIOPA, the competent authorities and the sectoral competent authorities, any decision under Article 16, 17 or 20. 3. ESMA shall publish on its website a list of credit rating agencies registered in accordance with this Regulation. That list shall be updated within five working days following the adoption of a decision under Article 16, 17 or 20. The Commission shall publish that updated list in the Official Journal of the European Union within 30 days following such update.

Version in force Modified

Amended by Regulation (EU) No 513/2011 32011R0513 on EUR-Lex

Applies from: no date changed

Not in every listWhat this means

Found in the text, but not every source lists it — the text comparison and the EU's own amendment metadata found this change; the amending act's instructions do not mention it. The source that does not name it is the amending act's instructions. All are shown; none is overruled.

Explanation, written by a model and checked against the cited text

The heading now refers to notification of a decision to register, refuse or withdraw registration and publication of the list of registered credit rating agencies, and the actor performing notification, communication and publication tasks changes from the competent authority of the home Member State to ESMA, with the Commission's publication role limited to publishing the updated list in the Official Journal.

Paragraph 1 now covers decisions under Article 16, 17 or 20 and includes withdrawal of registration among the situations requiring full reasons, whereas the earlier text covered only Articles 16 and 17 for registration and refusal.

Paragraph 2 adds EBA, EIOPA, the competent authorities and the sectoral competent authorities as recipients of the decision, replacing the earlier notification to the Commission, CESR and the other competent authorities, and paragraph 3 changes the list-update trigger to five working days following a decision under Article 16, 17 or 20, with the Commission's Official Journal publication occurring within 30 days of that update.

Cited: Art. 18, v1 · Art. 18, v2

v1 is the previous version, v2 this one.

Text from EUR-Lex, on this version's page