CHAPTER 2

REGISTRATION
SECTION 1

General

Class of credit ratings
Article 5
Any information regarding the class of credit ratings shall use the following ratings classes:
1. sovereign and public finance ratings;
2. structured finance ratings;
3. corporate ratings:
  1. financial institution including credit institutions and investment firms;
  2. insurance undertaking;
  3. corporate issuer that is not considered a financial institution or an insurance undertaking.