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🔗 Back to Summary. 🇫🇷 French version: 2018R0990_FR.6. Open the PDF. Direct link to EUR-LEX.
1131 ⬅️ | ➡️ Article 7 – Overrides
Références LVL1 <=> LVL2
Level 1 reference(s): 2017R1131_EN.20 > 2#b
Article 6 - Criteria for establishing qualitative credit risk indicators in realtion to the issuer of the instrument, as referred to in Article 20(2)(b) of Regulation (EU) 2017/1131
Insofar as is possible, managers of MMFs shall assess the following qualitative credit risk criteria for an issuer of an instrument:
(a) the financial situation of the issuer, or, where applicable, of the guarantor;
(b) the sources of liquidity of the issuer, or, where applicable, of the guarantor;
(c) the ability of the issuer to react to future market-wide or issuer-specific events, including the ability to repay debt in a highly adverse situation;
(d) the strength of the issuer’s industry within the economy relative to economic trends and the issuer’s competitive positon in its industry.