Article 5 Class of credit ratings

Any information regarding the class of credit ratings shall use the following ratings classes:

  1. (a)

    sovereign and public finance ratings;

  2. (b)

    structured finance ratings;

  3. (c)

    corporate ratings:

    1. (i)

      financial institution including credit institutions and investment firms;

    2. (ii)

      insurance undertaking;

    3. (iii)

      corporate issuer that is not considered a financial institution or an insurance undertaking.