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New version applies from 21/07/2011 — introduced by Alternative Investment Fund Managers Directive (AIFMD). 81 provisions change. Later versions: 20/06/2013, 23/05/2014, 21/06/2015, 01/01/2019, 09/01/2024, 17/01/2025. Article 18 changes in this version: compare with the current text.

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

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 ( 26 ) (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 ( 27 ) (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.

Official text · consolidated version 01/06/2011 (no longer in force) Open full page ↗
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