Article 63Z Private useF1
A person (“P”) does not carry on an activity of the kind specified by article 63U by providing an ESG rating which—
(a)
is provided pursuant to a contract with another person (“Q”),
(b)
relates solely to Q, and
(c)
P does not reasonably expect to be made available to another person outside Q’s group.
Annotations
Textual amendments
- F1
Pt. 2 Ch. 15F inserted (16.12.2025 for specified purposes) by The Financial Services and Markets Act 2000 (Regulated Activities) (ESG Ratings) Order 2025 (S.I. 2025/1349), arts. 2, 6 (with arts. 8-22)