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COB 8.7.1

(1) A Credit Rating Agency must, subject to (2), have adequate policies, procedures and controls to ensure that it discloses in a timely manner:
(a) its Credit Ratings and any updates thereof;
(b) its policies for distributing Credit Ratings and updates thereof;
(c) the methodologies and models used and key assumptions made in preparing its Credit Ratings and any updates thereof; and
(d) any other significant element relating to (a), (b) or (c) above.
(2) A Credit Rating Agency is not required to disclose information where the information is subject to confidentiality requirements.
[Added] DFSA RM97/2012 (Made 24th July 2012) [VER20/07-12]