+Article 22a 2.

Article 22a 2.

Without prejudice to Article 23, ESMA shall also in the framework of the examination referred to in paragraph 1:

(a) 

verify the execution of back-testing by credit rating agencies;

(b) 

analyse the results of that back-testing; and

(c) 

verify that the credit rating agencies have processes in place to take into account the results of the back-testing in their rating methodologies.

1. Forbhreathnú

,

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

Ceanglais

3. Caighdeáin ghaolmhara

Caighdeáin