10 − Διαδραματίζει συντονιστικό ρόλο μεταξύ αρμόδιων αρχών, ιδίως σε περιπτώσεις κατά τις οποίες αντίξοες εξελίξεις ενδέχεται να θέσουν σε κίνδυνο την εύρυθμη λειτουργία και την ακεραιότητα των χρηματοοικονομικών αγορών ή τη σταθερότητα του χρηματοοικονομικού συστήματος στην Ένωση. − Προωθεί και συντονίζει σε επίπεδο Ένωσης εκτιμήσεις της αντοχής των συμμετεχόντων στις χρηματοοικονομικές αγορές σε αντίξοες εξελίξεις της αγοράς. − Λαμβάνει αποφάσεις σχετικά με τις αιτήσεις πιστοποίησης και εγγραφής των οργανισμών αξιολόγησης πιστοληπτικής ικανότητας, καθώς και σχετικά με την απόσυρση της εν λόγω πιστοποίησης και εγγραφής. − Καταρτίζει συμφωνίες συνεργασίας με τις σχετικές εποπτικές αρχές των οργανισμών αξιολόγησης πιστοληπτικής ικανότητας τρίτων χωρών. − Διενεργεί έρευνες και επιτόπιες επιθεωρήσεις στα γραφεία των οργανισμών αξιολόγησης πιστοληπτικής ικανότητας, των αξιολογούμενων μονάδων και των σχετιζόμενων με αυτές τρίτων. − Όταν ένας οργανισμός αξιολόγησης πιστοληπτικής ικανότητας διαπράξει παράβαση, λαμβάνει αποφάσεις απόσυρσης της εγγραφής του, απαγορεύει προσωρινώς την έκδοση αξιολογήσεων πιστοληπτικής ικανότητας, αναστέλλει τη χρήση, για κανονιστικούς σκοπούς, των αξιολογήσεων πιστοληπτικής ικανότητας που έχουν εκδοθεί από τον συγκεκριμένο οργανισμό, ζητεί να σταματήσει η παράβαση ή/και εκδίδει δημόσιες ανακοινώσεις. − Όταν ένας οργανισμός αξιολόγησης πιστοληπτικής ικανότητας διαπράξει παράβαση εκ προθέσεως ή εξ αμελείας, λαμβάνει αποφάσεις επιβολής προστίμου. 
Tasks − Develop draft regulatory technical standards. − Develop draft implementing technical standards. − Issue guidelines and recommendations. − Issue recommendations where a national competent authority has not applied sectoral acts or has applied them in a way which appears to be a breach of Union law. − Take individual decisions addressed to competent authorities in certain emergency situations and in settlement of disagreements between competent authorities in cross-border situations. − In cases concerning directly applicable Union law, take individual decisions addressed to financial market participants, where: (i) a national competent authority has not applied sectoral acts or has applied them in a way which appears to be a breach of Union law and where the competent authority has not complied with a formal opinion of the Commission; (ii) in certain emergency situations where a competent authority does not comply with the decision of the Authority adopted; or (iii) in settlement of disagreements between competent authorities in cross-border situations where a competent authority has not complied with the decision of the Authority. − Issue opinions to the European Parliament, the Council or the Commission on all issues related to its areas of competence. − Collect the necessary information concerning financial market participants to carry out the duties assigned to it. − Develop common methodologies for assessing the effect of product characteristics and distribution processes on the financial position of financial market participants and on consumer protection. − Provide a centrally accessible database of registered financial market participants in the area of its competence where specified in sectoral legislation. − Issue warnings in the event that a financial activity poses a serious threat to its objectives. − Temporarily prohibit or restrict certain financial activities that threaten the orderly functioning and integrity of financial markets or the stability of the whole or part of the financial system in the Union in the cases specified and under the conditions laid down in sectoral legislation or if so required in the case of an emergency situation. − Participate in the activities of colleges of supervisors, including on-site examination, carried out jointly by two or more competent authorities. − Address any risk of disruption in financial services that is caused by an impairment of all or parts of the financial system and has the potential to have serious negative consequences for internal market and the real economy. − Draw up additional guidelines and recommendations for key financial market participants, to take account of the systemic risk posed by them. − Conduct an inquiry into a particular type of financial activity or type of product or type of conduct in order to assess potential threats to the integrity of financial markets or the stability of the financial system and make appropriate recommendations for action to the competent authorities concerned. − Carry out tasks and responsibilities delegated by competent authorities. − Provide opinions to competent authorities. − Conduct peer reviews of the activities of competent authorities. − Coordinate between competent authorities, in particular where adverse development could potentially jeopardise the orderly functioning and integrity of financial markets or the stability of the financial system in the Union. − Initiate and coordinate Union-wide assessments of the resilience of financial market participants to adverse market development. − Take decisions on applications for certification and registration of credit rating agencies and on ADB001398EN04-12PP-CH081-12APCFIN-RAS-2011_ESMA-OR.DOC 18.9.2012 Governance 9 withdrawal of such certification and registration. − Establish cooperation agreements with the relevant credit rating agency supervisory authorities of third countries. − Conduct investigations of and on-site inspections at the premises of credit rating agencies, rated entities and related third parties. − Where a credit rating agency has committed an infringement, take decisions to withdraw its registration, temporarily prohibit it from issuing credit ratings, suspend the use for regulatory purposes of the credit ratings it issued, require the infringement to be brought to an end, and/or issue public notices. − Where a credit rating agency has committed an infringement intentionally or negligently, take decisions to impose a fine.