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(8) Credit rating agencies should, on a voluntary basis, apply the Code of Conduct Fundamentals for credit rating agencies issued by the International Organisation of Securities Commissions (IOSCO Code). In 2006, a Communication from the Commission on credit rating agencies OJ C 59, 11.3.2006, p. 2. invited the Committee of European Securities Regulators (CESR), re-established by Commission Decision 2009/77/EC OJ L 25, 29.1.2009, p. 18. , to monitor compliance with the IOSCO Code and report back to the Commission on an annual basis.

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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.