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Version status: In force | Document consolidation status: Assimilated law updated to reflect all known changes
This version in force from: 31 December 2020

Article 3 Rating types

To be revoked by virtue of Sch. 1 Pt 3 to the Financial Services and Markets Act 2023 (c. 29) (FSMA 2023), Sch. 1 Pt 3 not yet fully commenced.

Credit rating agencies shall, when reporting credit ratings or rating outlooks, classify them as one of the following types of ratings:

(a) corporate ratings;

(b) structured finance ratings;

(c) sovereign and public finance ratings;

(d) other financial instruments.