# 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), Article 5c: Over-reliance on credit ratings in Union law

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

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.

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