Glossary

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Term Definition Legal instruments

external credit assessment institution

01/01/2016

THIS DEFINITION ONLY APPLIES TO THE CONDITIONS GOVERNING BUSINESS PART

means a credit rating agency that is registered or certified in accordance with Regulation (EC) No 1060/2009 or a central bank issuing credit ratings which are exempt from the application of Regulation (EC) No 1060/2009.

Additional Notes

[Note: Art. 13(40) of the Solvency II Directive]