# 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), Division 5

Extent: E+W+S+N.I.

A credit rating agency shall ensure that rating analysts or persons who approve ratings do not make proposals or recommendations, either formally or informally, regarding the design of securitisation instruments on which the credit rating agency is expected to issue a credit rating.

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Source: https://www.legislation.gov.uk/eur/2009/1060/annex/I/section/B/division/5 (the official version)
Page: https://openlegislation.uk/eu-regulation-2009-1060/annex-I/section-B/division-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.