461. Regulation of the financial market authority (FMA), modifies the Ordinance, the assignment of credit ratings of recognised rating agencies to creditworthiness levels (MappingV)
On the basis of § 21B para 6 of the law on banking - Banking Act, Federal Law Gazette No. 532/1993, as last amended by Federal Law Gazette I no. 145/2011, is prescribed:
The regulation of the financial market authority (FMA) on the assignment of ratings of recognised rating agencies to creditworthiness levels - MappingV, Federal Law Gazette II No. 113/2007, as last amended by the regulation Federal Law Gazette II No. 254/2007, is amended as follows:
Article 1 reads:
„§ 1. The mapping of pursuant to § 21B para. 1 BWG recognised rating agencies awarded and in accordance with articles 4 and 5 of Regulation (EC) No 1060/2009 on credit rating agencies, OJ "No. L 302 of 17.11.2009, p. 1-use ratings to creditworthiness levels within the asset classes according to § 22a para 4 and § 22 c para 1 is BWG to make based on the tables in paragraphs 2 to 5."