external credit assessment institution

Uses as of 26/04/2019

Definitions over time (2)

01/01/2019 – 27/06/2019 applies on 26/04/2019 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act Also: ECAI

For the purposes of this Regulation, the following definitions shall apply:

‘external credit assessment institution’ or ‘ECAI’ means a credit rating agency that is registered or certified in accordance with Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies (^{7}) or a central bank issuing credit ratings which are exempt from the application of Regulation (EC) No 1060/2009;
19/07/2016 – 01/01/2019 Article 4, Capital Requirements Regulation (CRR) Scope: Whole act Also: ECAI

For the purposes of this Regulation, the following definitions shall apply:

‘external credit assessment institution’ or ‘ECAI’ means a credit rating agency that is registered or certified in accordance with Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies (^{6}) or a central bank issuing credit ratings which are exempt from the application of Regulation (EC) No 1060/2009;

Each has its own scope, dates and uses. Open one to see when it applies.