Article 6 U.K. Assessing that a credit rating methodology is continuous

A credit rating agency shall use credit rating methodologies shall that are designed and implemented in a way that enables them to:

(a)

continue to be used unless there is an objective reason for the credit rating methodology to change or be discontinued;

(b)

be capable of promptly incorporating any finding from ongoing monitoring or a review, in particular where changes in structural macroeconomic or financial market conditions would be capable of affecting credit ratings produced by that methodology;

(c)

compare credit ratings across different asset classes.