1 Amendments of Roberta ANGELILLI related to 2011/0361(COD)
Amendment 403 #
Proposal for a regulation
Annex I – point 1 – point c a (new)
Annex I – point 1 – point c a (new)
(ca) the following point is inserted after point 3a: '3aa A credit rating agency shall not issue a rating relating to any government department if that credit rating agency, or any company connected to it, the year before the issuing of the credit rating, declared on its balance sheet that more than 10% of its turnover derived from activities unrelated to credit ratings.'