rating category

Definitions over time (1)

07/12/2009 – today applies on 12/11/2026 Article 3, Regulation (EC) No 1060/2009 Scope: Whole act

For the purpose of this Regulation, the following definitions shall apply:

‘rating category’ means a rating symbol, such as a letter or numerical symbol which might be accompanied by appending identifying characters, used in a credit rating to provide a relative measure of risk to distinguish the different risk characteristics of the types of rated entities, issuers and financial instruments or other assets;