What changes on 15/05/2018

The text in force from 01/11/2016 compared with the text from 15/05/2018, which includes the changes made by Commission Implementing Regulation (EU) 2018/634.

Read the act as of 15/05/2018 · other versions: 24/12/2019 · 07/12/2021 · 25/07/2024

Title I › Chapter 1 › Section 1

• amended Article 3 - Determination of whether a sufficient number of credit ratings is available
• amended Article 4 - Short run default rates of a rating category where a sufficient number of credit ratings is available
• amended Article 5 - Long run default rate of a rating category where a sufficient number of credit ratings is available

Title I › Chapter 1

• amended Article 2 - Items used for the calculation of the quantitative factors

Title I › Chapter 1 › Section 2

• amended Article 6 - Items used and long run default rate of a rating category where a sufficient number of credit ratings is not available

Title I › Chapter 2

• amended Article 7 - Qualitative factors of the mapping of a rating category
• amended Article 10 - Meaning and relative position of a rating category
• amended Article 11 - Creditworthiness of items assigned the same rating category

Title I › Chapter 3

• amended Article 14 - Benchmark

Title III

• amended Article 17 - Entry into force

Outside any heading

• amended Annex I - Benchmarks for the purposes of Article 14
• amended Annex II - Reference meaning of the rating category per credit quality step for the purposes of Article 15
• amended Annex III - Mapping tables for the purposes of Article 16