ESMA has updated its Q&A on the application of the Credit Rating Agencies (CRA) Regulation. The revised Q&A clarifies the definition of unsolicited credit ratings, specifically whether a credit rating issued upon the request of a person different from the rated entity/issuer and a related third party constitutes a solicited credit rating. (Source: ESMA Updates CRA Q&A)
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ESMA updates CRA Q&A
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