2.

Credit ratings may continue to be used for regulatory purposes following the adoption of measures in points (a) and (c) of paragraph 1 during a period not exceeding: ten working days if there are credit ratings of the same financial instrument or entity issued by other credit rating agencies registered under this Regulation; or three months if there are no credit ratings of the same financial instrument or entity issued by other credit rating agencies registered under this Regulation. A competent authority may extend the period referred to in point (b) of the first subparagraph by three months in exceptional circumstances relating to the potential for market disruption or financial instability.

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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.