ESMA_QA_1471
17/07/2023
Subject Matter
Article 3(1)(x) – Definition of unsolicited credit ratings (ESMA33-5-87 Q&A 9)
Original question
(a) Does any participation of the issuer in the credit rating process define a credit rating as a solicited credit rating?
(b) Is a credit rating issued upon the request of a person different from both the rated entity/issuer and a related third party a solicited credit rating?
(b) Is a credit rating issued upon the request of a person different from both the rated entity/issuer and a related third party a solicited credit rating?
Status: Question Published
Additional Information
Level 1 Regulation
Credit Rating Agencies Regulation (CRAR) Regulation (EC) No 1060/2009
Topic
CRA Regulation