+Article 17 Examination of the applications for registration of a group of credit rating agencies by ESMA
---+Article 17 1.
---+Article 17 2.
---+Article 17 3.
---+Article 17 4.

Article 17 Examination of the applications for registration of a group of credit rating agencies by ESMA

1. Panoramica

,
Article 17 1.
ESMA shall, within 55 working days of the notification referred to in the second subparagraph of Article 15(4), examine the applications for registration of a group of credit rating agencies based on the compliance of those credit rating agencies with the conditions set out in this Regulation.
Article 17 2.

ESMA may extend the period of examination by 15 working days, in particular if any of the credit rating agencies in the group:

(a) 

envisages endorsing credit ratings as referred to in Article 4(3);

(b) 

envisages using outsourcing; or

(c) 

requests exemption from compliance in accordance with Article 6(3).
Article 17 3.
Within 55 working days of the notification as referred to in the second subparagraph of Article 15(4), or within 70 working days thereof where paragraph 2 of this Article applies, ESMA shall adopt a fully reasoned individual decision to register or refuse registration for each credit rating agency of the group.
Article 17 4.
The decision adopted by ESMA pursuant to paragraph 3 shall take effect on the fifth working day following its adoption.

1.1 Riferimenti

1.2 Requisiti identificati

1.3 Standard correlati

2. Requisiti identificati

Requisiti

3. Standard correlati

Standard