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New version applies from 20/06/2013 — introduced by Regulation (EU) No 462/2013. 110 provisions change. Later versions: 23/05/2014, 21/06/2015, 01/01/2019, 09/01/2024, 17/01/2025. Recital 8 changes in this version: compare with the current text.

Recital 8

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Credit rating agencies should, on a voluntary basis, apply the Code of Conduct Fundamentals for credit rating agencies issued by the International Organisation of Securities Commissions (IOSCO Code). In 2006, a Communication from the Commission on credit rating agencies ( 11 ) invited the Committee of European Securities Regulators (CESR), re-established by Commission Decision 2009/77/EC ( 12 ), to monitor compliance with the IOSCO Code and report back to the Commission on an annual basis.

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