{
  "url": "https://openlegislation.uk/eu-regulation-2018-990/article-6",
  "json_url": "https://openlegislation.uk/eu-regulation-2018-990/article-6.json",
  "legislation": "eur/2018/990",
  "legislation_title": "Commission Delegated Regulation (EU) 2018/990 of 10 April 2018 amending and supplementing Regulation (EU) 2017/1131 of the European Parliament and of the Council with regard to simple, transparent and standardised (STS) securitisations and asset-backed commercial papers (ABCPs), requirements for assets received as part of reverse repurchase agreements and credit quality assessment methodologies (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2018-990",
  "path": "article/6",
  "kind": "article",
  "number": "6",
  "heading": "Criteria for establishing qualitative credit risk indicators in realtion to the issuer of the instrument, as referred to in Article 20(2)(b) of Regulation (EU) 2017/1131",
  "text": "Insofar as is possible, managers of MMFs shall assess the following qualitative credit risk criteria for an issuer of an instrument:\n(a) the financial situation of the issuer, or, where applicable, of the guarantor;\n(b) the sources of liquidity of the issuer, or, where applicable, of the guarantor;\n(c) the ability of the issuer to react to future market-wide or issuer-specific events, including the ability to repay debt in a highly adverse situation;\n(d) the strength of the issuer's industry within the economy relative to economic trends and the issuer's competitive positon in its industry.",
  "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/2018/990/article/6",
    "retrieved_at": "2026-11-01T14:44:02.276972+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."
}