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New version applies from 23/05/2014 — introduced by Directive 2014/51/EU. 77 provisions change. Later versions: 21/06/2015, 01/01/2019, 09/01/2024, 17/01/2025. Recital 19 changes in this version: compare with the current text.

Recital 19

Recital 19

(19)This Regulation should not apply to credit ratings that a credit rating agency produces pursuant to an individual order and provides exclusively to the person who ordered it and which are not intended for public disclosure or distribution by subscription.

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