(4)On 28 September 2010, the Commission adopted Decision 2010/578/EU 2 , observing that these three conditions are fulfilled and considering the Japanese legal and supervisory framework for CRAs as equivalent to the requirements of Regulation (EC) No 1060/2009 in force at that time.
Recital 4
- 2 Commission Decision 2010/578/EU of 28 September 2010 on the recognition of the legal and supervisory framework of Japan as equivalent to the requirements of Regulation (EC) No 1060/2009 of the European Parliament and of the Council on credit rating agencies ( OJ L 254, 29.9.2010, p. 46 ) ↩