+Article 2 2.

Article 2 2.

This Regulation does not apply to:

(a) 

private credit ratings produced pursuant to an individual order and provided exclusively to the person who placed the order and which are not intended for public disclosure or distribution by subscription;

(b) 

credit scores, credit scoring systems or similar assessments related to obligations arising from consumer, commercial or industrial relationships;

(c) 

credit ratings produced by export credit agencies in accordance with point 1.3 of Part 1 of Annex VI to Directive 2006/48/EC; or

(d) 

credit ratings produced by the central banks and which:

(i) 

are not paid for by the rated entity;

(ii) 

are not disclosed to the public;

(iii) 

are issued in accordance with the principles, standards and procedures which ensure the adequate integrity and independence of credit rating activities as provided for by this Regulation; and

(iv) 

do not relate to financial instruments issued by the respective central banks’ Member States.

1. Prezentare generală

,
Titlu Reglementare

1.1 Referințe

1.2 Cerințe identificate

1.3 Standarde asociate

2. Cerințe identificate

Cerințe
Sursă Cerință

3. Standarde asociate

Standarde
Sursă Cerință
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