monitoring and updating
1. The company shall ensure that adequate personnel and financial resources are allocated to monitoring and updating its rating. Except that clearly indicate they do not entail ongoing surveillance, once a rating is published the Company shall monitor on an ongoing basis and update the rating by:
1.1 regularly reviewing the issuer's creditworthiness;
1.2 initiating a review of the status of the rating upon becoming aware of any information that might reasonably be expected to result in a rating action (including termination of a rating), consistent with the applicable rating methodology; and,
1.3 updating on timely basis the rating, as appropriate, based on the results of such review. Subsequent monitoring shall incorporate all cumulative experience obtained. Change in ratings criteria and assumptions shall be applied, where appropriate, to both initial ratings and subsequent ratings.