# The Credit Rating Agencies (Amendment, etc.) (EU Exit) Regulations 2019, Regulation 59: Amendment of Regulation (EC) No 1060/2009


For Article 5c substitute—
“5C. Without prejudice to its right of initiative, the Treasury shall continue to review whether references to credit ratings in UK law trigger or have the potential to trigger sole or mechanistic reliance on credit ratings by the FCA, the entities referred to in the first subparagraph of Article 4(1) or other financial market participants.”

---
Source: https://www.legislation.gov.uk/ukdsi/2019/9780111176696/regulation/59 (the official version)
Page: https://openlegislation.uk/draft-credit-rating-agencies-amendment-etc-eu-exit-regulations-2019/regulation-59
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.