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Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies (Text with EEA relevance) · European Union

2. No person referred to in point 1 shall participate in or otherwise influence the determination of a credit rating of any particular rated entity if that person: owns financial instruments of the rated entity, other than holdings in diversified collective investment schemes; owns financial instruments of any entity related to a rated entity, the ownership of which may cause or may be generally perceived as causing a conflict of interest, other than holdings in diversified collective investment schemes; has had a recent employment, business or other relationship with the rated entity that may cause or may be generally perceived as causing a conflict of interest.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-27 · Text as adopted (Official Journal); later amendments are not incorporated in this text.