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Recital 4

Recital 4

(4)The relevant measures set out in this Directive should be complementary to other provisions in Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies 7 . Those provisions set the general objective of reducing over-reliance by investors on credit ratings and should facilitate the achievement of that objective.

  1. 7 OJ L 302, 17.11.2009, p. 1 . ↩
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