Chapter IX — Transitional and final provisions
Amendments to Regulation (EC) No 1060/2009
Summary
Makes consequential amendments to the Credit Rating Agencies Regulation (CRA Regulation) to align it with DORA requirements and remove duplicative ICT risk management provisions applicable to credit rating agencies.
Key Requirements
- 1
Amendments to CRA Regulation for DORA alignment
- 2
Removal of duplicative ICT risk provisions for credit rating agencies
- 3
Cross-references inserted to relevant DORA articles
Detailed Analysis
Article 60 makes the necessary amendments to the Credit Rating Agencies Regulation (EC) No 1060/2009 to ensure alignment with DORA. Credit rating agencies are among the financial entities in scope of DORA, and their existing ICT-related obligations under the CRA Regulation must be reconciled with the new comprehensive framework.
The amendments generally remove or modify ICT risk management provisions in the CRA Regulation that would otherwise overlap or conflict with DORA requirements, replacing them with cross-references to the corresponding DORA articles. This ensures that credit rating agencies have a single, coherent set of ICT risk requirements to comply with rather than navigating potentially inconsistent obligations across multiple regulations.
These transitional amendments are part of DORA's broader regulatory coherence strategy — ensuring that the introduction of a horizontal ICT risk framework does not create confusion or conflicts with existing sectoral legislation. For credit rating agencies, the practical effect is simplified compliance through a unified framework.
Ready to automate compliance with Article 60?
Valendir maps every DORA requirement to actionable controls, evidence, and workflows.