anx_I__cpt_2__cpt_7

7. A credit rating agency shall arrange for adequate records and, where appropriate, audit trails of its credit rating activities to be kept. Those records shall include: for each credit rating decision, the identity of the rating analysts participating in the determination of the credit rating, the identity of the persons who have approved the credit rating, information as to whether the credit rating was solicited or unsolicited, and the date on which the credit rating action was taken; the account records relating to fees received from any rated entity or related third party or any user of ratings; the account records for each subscriber to the credit ratings or related services; the records documenting the established procedures and methodologies used by the credit rating agency to determine credit ratings; the internal records and files, including non-public information and work papers, used to form the basis of any credit rating decision taken; credit analysis reports, credit assessment reports and private credit rating reports and internal records, including non-public information and work papers, used to form the basis of the opinions expressed in such reports; records of the procedures and measures implemented by the credit rating agency to comply with this Regulation; and copies of internal and external communications, including electronic communications, received and sent by the credit rating agency and its employees, that relate to credit rating activities.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-27 · Text as adopted (Official Journal); later amendments are not incorporated in this text.