Article 34
Record-keeping requirements
1.
External reviewers shall keep adequate records of the following:
(a)
the identity of the persons participating in the determination and approval of the reviews, and the date on which the decisions to approve the reviews were taken;
(b)
the documentation for the established procedures and methodologies used by the external reviewers to carry out and draw up the reviews;
(c)
the internal documents, including non-public information and work papers, used to form the basis of any published review;
(d)
records of the procedures and measures implemented by the external reviewers to comply with this Regulation;
(e)
copies of internal and external communications that relate to assessment activities, including electronic communications, received and sent by the external reviewer and its employees;
(f)
the documentation containing pre-contractual assessments as referred to in Article 35(2).
2.
The records and documents referred to in paragraph 1 shall be kept until at least five years have elapsed after the maturity of the bond concerned and shall be made available to ESMA upon its request.
3.
Where ESMA has withdrawn the registration of an external reviewer in accordance with Article 59(1), that external reviewer shall ensure that the records and documents are kept for five additional years. Records and documents which set out the respective rights and obligations of the external reviewer and the issuer of the European Green Bond under an agreement to provide assessment services shall be retained for the duration of the relationship with that issuer.