# 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), Article 6: 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

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

Insofar as is possible, managers of MMFs shall assess the following qualitative credit risk criteria for an issuer of an instrument:
(a) the financial situation of the issuer, or, where applicable, of the guarantor;
(b) the sources of liquidity of the issuer, or, where applicable, of the guarantor;
(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;
(d) the strength of the issuer's industry within the economy relative to economic trends and the issuer's competitive positon in its industry.

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Source: https://www.legislation.gov.uk/eur/2018/990/article/6 (the official version)
Page: https://openlegislation.uk/eu-regulation-2018-990/article-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.