Article 6 — Criteria for establishing qualitative credit risk indicators in realtion to the issuer of the instrument, as referred to in Article 20(2)(b) of Regulation (EU) 2017/1131
Insofar as is possible, managers of MMFs shall assess the following qualitative credit risk criteria for an issuer of an instrument:
- the financial situation of the issuer, or, where applicable, of the guarantor;
- the sources of liquidity of the issuer, or, where applicable, of the guarantor;
- the ability of the issuer to react to future market-wide or issuer-specific events, including the ability to repay debt in a highly adverse situation;
- the strength of the issuer's industry within the economy relative to economic trends and the issuer's competitive positon in its industry.