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Provision history · Credit Rating Agencies Regulation

Art. 9 · Outsourcing

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

1 change recorded across 1 version, newest first.

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Version in force Modified +20 −41

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

Applies from: no date changed

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

The provision now refers to ESMA as the body whose ability to supervise compliance must not be materially impaired, replacing the earlier reference to competent authorities.

Cited: Art. 9, v1 · Art. 9, v2

v1 is the previous version, v2 this one.

Text from EUR-Lex, before and after

Previous version, detected 13 August 2026 02009R1060-20091207 → this version, in force 1 June 2011 02009R1060-20110601

Article 9 Outsourcing Outsourcing of important operational functions shall not be undertaken in such a way as to impair materially the quality of the credit rating agency’s agency's internal control and the ability of the competent authorities ESMA to supervise the credit rating agency’s agency's compliance with obligations under this Regulation.