Print Friendly, PDF & Email

An external rating angency draws up credit assessments of obligors, that conform with the criteria of objectivity, independence, transparency and international recognition, and which are disclosed at regular intervals. The ratings (credit assessments) of an external credit assessment institution may be used by the credit institutions for calculating own funds requirements, if the rating agency has been authorised or certified in accordance with Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on rating agencies.

Term-Nr.: 355

German: Externe Ratingagentur (325)

Source: FMA AT m. e. E., 30.10.2018

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *