{
  "url": "https://openlegislation.uk/eu-regulation-2012-449/article-6",
  "json_url": "https://openlegislation.uk/eu-regulation-2012-449/article-6.json",
  "legislation": "eur/2012/449",
  "legislation_title": "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)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2012-449",
  "path": "article/6",
  "kind": "article",
  "number": "6",
  "heading": "Policies and procedures",
  "text": "1. Policies and procedures provided in an application shall contain or be accompanied by:\n(a) an indication of who is responsible for the approval and maintenance of the policies and procedures;\n(b) a description of how compliance with the policies and procedures will be enforced and monitored and who is responsible for this;\n(c) a description of the measures undertaken in the event of a breach of the policies;\n(d) an indication of the procedure for reporting to ESMA a material breach of the policy or procedure which may result in a breach of the conditions for initial registration or certification.\n2. A credit rating agency may fulfil the obligation to provide information regarding its policies and procedures under this Regulation by submitting a copy of the relevant policies and procedures.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2012/449/article/6",
    "retrieved_at": "2026-11-01T14:49:25.461337+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}