1. ESMA shall adopt a decision suspending or withdrawing the authorisation of an ESG rating provider referred to in Article 8(1), first subparagraph, where the ESG rating provider:
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(a)
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has expressly renounced the authorisation or has provided no ESG ratings for the preceding 12 months;
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(b)
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has obtained its authorisation by making false statements or by any other irregular means;
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(c)
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no longer meets the conditions under which it was authorised; or
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(d)
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has seriously or repeatedly infringed this Regulation.
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