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Recital 2

Recital 2

(2)Since the latest amendments introduced by Commission Implementing Regulation (EU) 2021/2006 4 , the quantitative and qualitative factors underpinning the credit assessments of some mappings in the Annex to Implementing Regulation (EU) 2016/1800 have changed due to the additional quantitative information collected and the qualitative developments registered by some ECAIs. In addition, some ECAIs have extended their credit assessments to new market segments, resulting in new rating scales and new credit rating types. It is therefore necessary to update the mappings of the ECAIs concerned.

  1. 4 Commission Implementing Regulation (EU) 2021/2006 of 16 November 2021 laying down implementing technical standards amending Implementing Regulation (EU) 2016/1800 as regards the allocation of credit assessments of external credit assessment institutions to an objective scale of credit quality steps in accordance with Directive 2009/138/EC of the European Parliament and of the Council ( OJ L 407, 17.11.2021, p. 18 , ELI: http://data.europa.eu/eli/reg_impl/2021/2006/oj ). ↩
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