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Article 6 - Assessing that a credit rating methodology is continuous

Article 6
Assessing that a credit rating methodology is continuous

A credit rating agency shall use credit rating methodologies shall that are designed and implemented in a way that enables them to:

((a))

continue to be used unless there is an objective reason for the credit rating methodology to change or be discontinued;

((b))

be capable of promptly incorporating any finding from ongoing monitoring or a review, in particular where changes in structural macroeconomic or financial market conditions would be capable of affecting credit ratings produced by that methodology;

((c))

compare credit ratings across different asset classes.

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