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Title[ Part 2: The First Pillar - Minimum Capital Requirements

Section[ B. External credit assessments



1.         The recognition process


90.       National supervisors are responsible for determining whether an external credit assessment  institution  (ECAI)   meets  the  criteria  listed  in  the  paragraph  below.  The assessments of ECAIs may be recognised on a limited basis, e.g. by type of claims or by jurisdiction. The supervisory process for recognising ECAIs should be made public to avoid unnecessary barriers to entry.



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