Consultation on Guidance on Common Standards for Assessment of Compliance of Credit Rating Methodologies with the Requirements set out in Article 8(3)

The purpose of this consultation document is to seek comments on the conclusions CESR has drawn for setting guidelines on common standards for assessing compliance of credit rating methodologies with the requirements set out in Article 8.3.

The consultation period closes on 18 June 2010. Respondents are invited to send their comments via CESR's website (www.cesr.eu) under the section "Consultations". All responses that have not been labelled as confidential will be published on CESR's website. CESR will analyse the responses received and where appropriate revise its proposal accordingly.