TITLE I - SUBJECT MATTER, SCOPE AND DEFINITIONS (Article 1-5)Article 1 - Subject matterArticle 2 - Scope L2Q&AGLArticle 3 - Definitions Q&AGLArticle 4 - Use of credit ratings Q&AGLArticle 5 - Equivalence and certification based on equivalence RTSDAIAL2Q&AGL
TITLE II - ISSUING OF CREDIT RATINGS (Article 6-13)Article 6 - Independence and avoidance of conflicts of interest Q&AGLArticle 7 - Rating analysts, employees and other persons involved in the issuing of credit ratings Q&AGLArticle 8 - Methodologies, models and key rating assumptions RTSQ&AGLArticle 9 - Outsourcing Q&AGLArticle 10 - Disclosure and presentation of credit ratings Q&AGLArticle 11 - General and periodic disclosures RTSQ&AArticle 12 - Transparency report Q&AArticle 13 - Public disclosure fees Q&A
TITLE III - SURVEILLANCE OF CREDIT RATING ACTIVITIES (Article 14-35)CHAPTER I - Registration procedure (Article 14-20)Article 14 - Requirement for registration DAQ&AGLArticle 15 - Application for registration Q&AArticle 16 - Examination of the application for registration of a credit rating agency by the competent authorities Q&AArticle 17 - Examination of the applications for registration of a group of credit rating agencies by the competent authorities Q&AArticle 18 - Notification of the decision on the registration, refusal of registration or the withdrawal of registration of a credit rating agency Q&AArticle 19 - Registration and supervisory fees DAQ&AArticle 20 - Withdrawal of registrationCHAPTER II - CESR and competent authorities (Article 21-25)Article 21 - Committee of European Securities Regulators RTSQ&AGLArticle 22 - Competent authoritiesArticle 23 - Powers of competent authoritiesArticle 24 - Supervisory measures by the competent authorities of the home Member State Article 25 - Supervisory measures by competent authorities other than the competent authority of the home Member State CHAPTER III - Cooperation between competent authorities (Article 26-33)Article 26 - Obligation to cooperateArticle 27 - Exchange of information Q&AArticle 28 - Cooperation in case of a request with regard to on-site inspections or investigationsArticle 29 - Colleges of competent authoritiesArticle 30 - Delegation of tasks between competent authorities DAGLArticle 31 - MediationArticle 32 - Professional secrecy Q&AArticle 33 - Disclosure of information from another Member StateCHAPTER IV - Cooperation with third countries (Article 34-35)Article 34 - Agreement on exchange of informationArticle 35 - Disclosure of information from third countries
CHAPTER I - Registration procedure (Article 14-20)Article 14 - Requirement for registration DAQ&AGLArticle 15 - Application for registration Q&AArticle 16 - Examination of the application for registration of a credit rating agency by the competent authorities Q&AArticle 17 - Examination of the applications for registration of a group of credit rating agencies by the competent authorities Q&AArticle 18 - Notification of the decision on the registration, refusal of registration or the withdrawal of registration of a credit rating agency Q&AArticle 19 - Registration and supervisory fees DAQ&AArticle 20 - Withdrawal of registration
CHAPTER II - CESR and competent authorities (Article 21-25)Article 21 - Committee of European Securities Regulators RTSQ&AGLArticle 22 - Competent authoritiesArticle 23 - Powers of competent authoritiesArticle 24 - Supervisory measures by the competent authorities of the home Member State Article 25 - Supervisory measures by competent authorities other than the competent authority of the home Member State
CHAPTER III - Cooperation between competent authorities (Article 26-33)Article 26 - Obligation to cooperateArticle 27 - Exchange of information Q&AArticle 28 - Cooperation in case of a request with regard to on-site inspections or investigationsArticle 29 - Colleges of competent authoritiesArticle 30 - Delegation of tasks between competent authorities DAGLArticle 31 - MediationArticle 32 - Professional secrecy Q&AArticle 33 - Disclosure of information from another Member State
CHAPTER IV - Cooperation with third countries (Article 34-35)Article 34 - Agreement on exchange of informationArticle 35 - Disclosure of information from third countries
TITLE IV - PENALTIES, COMMITTEE PROCEDURE, REPORTING AND TRANSITIONAL AND FINAL PROVISIONS (Article 36-41)CHAPTER I - Penalties, committee procedure and reporting (Article 36-39)Article 36 - Penalties Article 37 - Amendments to AnnexesArticle 38 - Committee procedureArticle 39 - Reports Q&ACHAPTER II - Transitional and final provisions (Article 40-41)Article 40 - Transitional provision Q&AArticle 41 - Entry into force Q&A
CHAPTER I - Penalties, committee procedure and reporting (Article 36-39)Article 36 - Penalties Article 37 - Amendments to AnnexesArticle 38 - Committee procedureArticle 39 - Reports Q&A
CHAPTER II - Transitional and final provisions (Article 40-41)Article 40 - Transitional provision Q&AArticle 41 - Entry into force Q&A