{
  "url": "https://openlegislation.uk/eu-regulation-2015-2/article-2",
  "json_url": "https://openlegislation.uk/eu-regulation-2015-2/article-2.json",
  "legislation": "eur/2015/2",
  "legislation_title": "Commission Delegated Regulation (EU) 2015/2 of 30 September 2014 supplementing Regulation (EC) No 1060/2009 of the European Parliament and of the Council with regard to regulatory technical standards for the presentation of the information that credit rating agencies make available to the European Securities and Markets Authority (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2015-2",
  "path": "article/2",
  "kind": "article",
  "number": "2",
  "heading": "Reporting of default status and withdrawals",
  "text": "1. A credit rating agency shall report a default in respect of a rating in Fields 6 and 13 of Table 2 of Part 2 of Annex I where one of the following events has occurred:\n(a) the rating indicates that a default has occurred according to the credit rating agency’s definition of default;\n(b) the rating has been withdrawn due to insolvency of the rated entity or due to debt restructuring;\n(c) any other instance in which the credit rating agency considers a rated entity or rated instrument as defaulted, materially impaired or equivalent.\n2. Where a reported rating is withdrawn, the reason for that shall be reported in Field 11 of Table 2 of Part 2 of Annex I.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2015/2/article/2",
    "retrieved_at": "2026-11-01T14:46:59.103880+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."
}