# 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 3

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

The credit rating agency shall inform the rated entity during working hours of the rated entity and at least a full working day before publication of the credit rating or the rating outlook. That information shall include the principal grounds on which the credit rating or rating outlook is based in order to give the rated entity an opportunity to draw attention of the credit rating agency to any factual errors.

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Source: https://www.legislation.gov.uk/eur/2009/1060/annex/I/section/D/division/I/division/3 (the official version)
Page: https://openlegislation.uk/eu-regulation-2009-1060/annex-I/section-D/division-I/division-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.