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de skal til dette formål etablere en rotationsordning for disse analytikere og valideringsansvarlige.
for that purpose it shall establish a rotation mechanism with regard to those analysts and persons.

langvarige forbindelser med de samme kreditvurderede enheder eller deres tilknyttede tredjeparter kan være til skade for uafhængigheden af analytikere og valideringsansvarlige.
long lasting relationships with the same rated entities or its related third parties could compromise independence of analysts and persons approving credit ratings.

der er en hensigtsmæssig samarbejdsaftale mellem den kompetente myndighed i det valideringsansvarlige kreditvurderingsbureaus hjemland og den relevante kompetente myndighed for kreditvurderingsbureauet i det pågældende tredjeland.
there is an appropriate cooperation arrangement between the competent authority of the home member state of the endorsing credit rating agency and the relevant competent authority of the credit rating agency established in a third country.

kreditvurderingsbureauer sikrer , at analytikere og valideringsansvarlige ikke er involverede i leveringen af kreditvurderingstjenester til den samme kreditvurderede enhed ellers dens tilknyttede tredjeparter i mere end højst fire år .
a credit rating agency shall ensure that employees who are directly involved in the credit rating process meet the requirements set out in section c of annex i. a credit rating agency shall ensure that analysts and persons approving credit ratings shall not be involved in providing the credit rating services to the same rated entity or its related third parties for a period exceeding four years .

procedurerne for koordination af tilsynsaktiviteterne, for at den kompetente myndighed i det valideringsansvarlige kreditvurderingsbureaus hjemland løbende kan overvåge de kreditvurderingsaktiviteter, der fører til udstedelse af den validerede kreditvurdering.
the procedures concerning the coordination of supervisory activities in order to enable the competent authority of the home member state of the endorsing credit rating agency to monitor credit rating activities resulting in the issuing of the endorsed credit rating on an ongoing basis.

perioden, hvorefter analytikere og valideringsansvarlige igen kan beskæftige sig med leveringen af kreditvurderingstjenester til den i første afsnit anførte kreditvurderede enhed eller tilknyttede tredjepart, skal mindst være på to år.
the period after which the analysts and persons approving credit ratings may be involved in providing the credit rating services to the rated entity or related third parties referred to in the first subparagraph may not be shorter than two years.

løn- og præstationsevaluering af analytikere og valideringsansvarlige skal ikke være afhængig af den indtægt, som kreditvurderingsbureauet får fra de kreditvurderede enheder eller tilknyttede tredjeparter, til hvilke analytikerne eller de valideringsansvarlige leverer tjenesteydelser.
compensation and performance evaluation of analysts and persons approving the credit ratings shall not be contingent on the amount of revenue that the credit rating agency derives from the rated entities or related third parties to which the analyst or persons approving the credit ratings provide services.

bureauerne skal i denne forbindelse afsætte et tilstrækkeligt antal ansatte med passende viden og erfaring til deres kreditvurderingsaktiviteter og sikre en passende rotation af analytikere og valideringsansvarlige( artikel 6 og bilag i, afsnit c).
linked to this, agencies must allocate sufficient employees with appropriate knowledge and experience to their credit rating activity and make appropriate rotation arrangements for analysts and persons approving credit ratings.( article 6 and annex i, section c).

kreditvurderingsbureauer identificerer og eliminerer eller i givet fald håndterer og offentliggør enhver eksisterende eller potentiel interessekonflikt, der kan påvirke de analyser og vurderinger, som de analytikere, der deltager i kreditvurderingens udarbejdelse, og de valideringsansvarlige, der godkender kreditvurderingen, foretager.
a credit rating agency shall identify and eliminate or, where appropriate, manage and disclose any actual or potential conflicts of interest that may influence the analyses and judgments of its analysts that participate in determining a credit rating and persons approving credit ratings.