{
  "url": "https://openlegislation.uk/eu-regulation-2011-1233/annex-II/annex-XII",
  "json_url": "https://openlegislation.uk/eu-regulation-2011-1233/annex-II/annex-XII.json",
  "legislation": "eur/2011/1233",
  "legislation_title": "Regulation (EU) No 1233/2011 of the European Parliament and of the Council of 16 November 2011 on the application of certain guidelines in the field of officially supported export credits and repealing Council Decisions 2001/76/EC and 2001/77/EC (revoked)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2011-1233",
  "path": "annex/II/annex/XII",
  "kind": "appendix",
  "number": "ANNEX XII",
  "heading": null,
  "text": "BUYER RISK CATEGORIES QUALITATIVE DESCRIPTIONS\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nBetter than Sovereign (SOV+)\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nSovereign (SOV)\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nEquivalent to the Sovereign (CC0): Exceptionally Good Credit Quality\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nVery Good Credit Quality (CC1)\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nGood to Moderately Good Credit Quality, Above Average (CC2)\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nModerate Credit Quality, Average (CC3)\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nModerately Weak Credit Quality, Below Average (CC4)\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nWeak Credit Quality (CC5)\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .",
  "extent": "E+W+S+N.I.",
  "status": "repealed",
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Regulation revoked (31.12.2020) by The EU Export Credits Legislation (Revocation) (EU Exit) (No. 2) Regulations 2019 (S.I. 2019/969), regs. 1(b), 3; 2020 c. 1, Sch. 5 para. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2011/1233/annex/II/annex/XII",
    "retrieved_at": "2026-11-01T14:49:43.550898+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}