solution [Art. 1 (6) (b)]. ► National risk rating systems – Every Member State is already required, under current law, to maintain a national risk rating system. Depending on the number and severity [...] higher risk rating [Art. 9 (1) Enforcement Directive]. – Member States must carry out checks at premises more closely and more often in the case of transport companies with a high risk rating than in the [...] social provisions applicable to drivers. (2) Establishing a “common formula” for the EU-wide risk rating of transport undertakings is appropriate to ensure the equal treatment of transport companies in
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reliance on ratings issued by rating agencies when assessing the quality of eligible assets. For this purpose the MMF should establish an internal rating system based on a harmonised rating scale and an [...] work- stream on 'alternative rating methodologies'. This work-stream was instituted in order to substitute credit ratings issued on money market instruments by credit rating agencies. ESMA has suspended [...] possible rating of the MMF. Therefore, it is necessary to prohibit a MMF or its manager from requesting that the MMF is rated by a credit rating agency in order to avoid that this external rating is used
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credit rating agencies (Official Journal of the European Union L 302 of 17 November 2009) On page 27, Annex I, Section C, point 3(c): for: ‘c) (…), and who is directly involved in the credit rating activities; [...] Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies (OJ L 302, 17.11.2009) 29.12.2009 EN Official Journal of the European Union L 350/59 [...] activities; and’, read: ‘c) (…), and who is not directly involved in the credit rating activities; and’.
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credit rating agencies (Official Journal of the European Union L 302 of 17 November 2009) On page 27, Annex I, Section C, point 3(c): for: ‘c) (…), and who is directly involved in the credit rating activities; [...] Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies (OJ L 302, 17.11.2009) 29.12.2009 EN Official Journal of the European Union L 350/59 [...] activities; and’, read: ‘c) (…), and who is not directly involved in the credit rating activities; and’.
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own funds requirements no longer through external ratings but through internal ratings or internal models reduces the influence of external ratings. This does not automatically lead, however, to improved [...] strict supervision; the EBA must be allocated greater powers. (3) Replacing external ratings with internal ratings or models does not necessarily lead to better risk assessment. (4) A unilateral i [...] binding (Art. 88 to 90). ► Reducing the impact of external ratings – Institutions must not rely “exclusively or automatically” on external ratings to assess the credit risk of individual borrowers, securities
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Mindestbedingungen an das Rating eines einzelnen Investitionsprojektes können jedoch verhindern, dass Versicherungen und Pensionsfonds projektbezogene Anleihen mit einem schlechteren Rating als „A“ zeichnen. [...] Erwägungen. (2) Öffentliche Zahlungsgarantien oder Kredite fördern über eine Verbesserung des Ratings eine Beteiligung privater Investoren am Infrastrukturaufbau. Contra: EIB-Zahlungsgarantien oder [...] Teil der laufenden Einnahmen über Zahlungsgarantien abgesichert ist. Dies führt zu einem besseren Rating der projektbezogenen Anleihe. – Bislang haben Anleiheversicherer („Monoliner“) Zahlungsgarantien
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EUR 440 billion in order to preserve the AAA rating of EFSF's bonds (see below). Credit Rating The EFSF 2.0 has received a AAA rating by credit rating agencies. To increase the effective EFSF lending [...] to EUR 255 billion in order to preserve the AAA rating of EFSF's bonds (see below). Credit Rating The EFSF 1.0 has been AAA rated by credit rating agencies. However, under the initial agreement (EFSF [...] acceptance and success of Stability Bonds would greatly benefit from the highest rating possible. An inferior rating could have a negative impact on its pricing (higher yield than otherwise) and on
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