(54)The ability of the competent authority of the home Member State and other members of the relevant college to assess and monitor compliance of a credit rating agency with the obligations provided for under this Regulation should not be limited by any outsourcing arrangements entered into by the credit rating agency. The credit rating agency should remain responsible for any of its obligations under this Regulation in the event of the use of outsourcing arrangements.
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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 54 changes in this version: compare with the current text.