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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. Recital 18 changes in this version: compare with the current text.

Recital 18

Recital 18

(18)A credit rating agency that has endorsed credit ratings issued in a third country should be fully and unconditionally responsible for such endorsed credit ratings and for the fulfilment of the relevant conditions referred to in this Regulation.

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