+Article 51 4.

Article 51 4.

Without prejudice to Article 116, the Commission shall adopt, by means of delegated acts ►M4  in accordance with Article 112a ◄ , measures specifying the following:

▼M3

(a) 

criteria for assessing the adequacy of the risk-management process employed by the management or investment company in accordance with the first subparagraph of paragraph 1;

▼M1

(b) 

detailed rules regarding the accurate and independent assessment of the value of OTC derivatives; and

(c) 

detailed rules regarding the content of and procedure to be followed for communicating the information referred to in the third subparagraph of paragraph 1 to the competent authorities of the management company's home Member State.

The criteria referred to in point (a) of the first subparagraph shall ensure that the management or investment company is prevented from relying solely or mechanistically on credit ratings, as referred to in the first subparagraph of paragraph 1, for assessing the creditworthiness of the UCITS’ assets.

1. Prezentare generală

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Titlu Reglementare

1.1 Referințe

1.2 Cerințe identificate

1.3 Standarde asociate

2. Cerințe identificate

Cerințe
Sursă Cerință

3. Standarde asociate

Standarde
Sursă Cerință
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