# Commission Delegated Regulation (EU) No 449/2012 of 21 March 2012 supplementing Regulation (EC) No 1060/2009 of the European Parliament and of the Council with regard to regulatory technical standards on information for registration and certification of credit rating agencies (Text with EEA relevance), Article 18: Monitoring of credit ratings

Extent: E+W+S+N.I.

A credit rating agency shall provide ESMA with information regarding its policies and procedures concerning:
(a) the monitoring of ratings, identifying any differences between solicited and unsolicited ratings, and including at least the information set out in point 4 of Annex VII;
(b) the disclosure of the decision to review or change a rating;
(c) the monitoring of the impact of changes in macroeconomic or financial market conditions on credit ratings as described in Article 8(5) of Regulation (EC) No 1060/2009.

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Source: https://www.legislation.gov.uk/eur/2012/449/article/18 (the official version)
Page: https://openlegislation.uk/eu-regulation-2012-449/article-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.