Article 22U.K.Delegated acts for the credit quality assessment
The [F1Treasury may by Regulations specify] the following points:
the criteria for the validation of the credit quality assessment methodology, as referred to in Article 19(3);
the criteria for quantification of the credit risk, and of the relative risk of default of an issuer and of the instrument, as referred to in point (a) of Article 20(2);
the criteria for establishing qualitative indicators on the issuer of the instrument, as referred to in point (b) of Article 20(2);
the meaning of material change as referred to in point (d) of Article 19(4).
Textual Amendments
F1Words in Art. 22 substituted (31.12.2020) by The Money Market Funds (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/394), regs. 1(3), 12(3) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)