A credit rating agency or its officer or employee is prohibited from engaging in the following acts with regard to its credit rating services:
providing or making available for inspection a credit rating that is based on anything specified by Cabinet Office Order as those in which a rating entity, etc. has an interest, if the credit rating agency or its officer or employee is closely related as specified by Cabinet Office Order to the rating entity, etc.;
providing a credit rating or making it available for inspection, if the credit rating agency or its officer or employee has given advice to the rating entity, etc. about a matter specified by Cabinet Office Order as those that may have a material influence on the credit rating of the rating entity, etc. (this excludes the credit rating agency or its officer or employee informing the rating entity, etc. of the details of the rating policy as defined in paragraph (1) of the following Article at that person's request, and also excludes cases specified by Cabinet Office Order as those in which such advice is found to have little likelihood of resulting in insufficient investor protection, in light of the form of that advice); and
any act beyond what is set forth in the preceding two items, which is specified by Cabinet Office Order as resulting in insufficient investor protection or as causing a loss of confidence in credit rating services.
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(Prohibited Actions)
providing or making available for inspection a credit rating that is based on anything specified by Cabinet Office Order as those in which a rating entity, etc. has an interest…
信用格付業者又はその役員若しくは使用人が格付関係者と内閣府令で定める密接な関係を有する場合において、当該格付関係者が利害を有する事項として内閣府令で定める事項を対象とする信用格付を提供し、又は閲覧に供する行為
Open this provision(Prohibited Actions)
providing a credit rating or making it available for inspection, if the credit rating agency or its officer or employee has given advice to the rating entity…
格付関係者に対し当該格付関係者に係る信用格付に重要な影響を及ぼすべき事項として内閣府令で定める事項に関して助言を行つた場合（格付関係者からの求めに応じ、次条第一項に規定する格付方針等の内容を告げた場合その他助言の態様に照らして投資者の保護に欠けるおそれが少ないと認められる場合として内閣府令で定める場合を除く。）におい…
Open this provision(Rating Policy)
A credit rating agency, pursuant to the provisions of Cabinet Office Order, must set a policy and methodology for determining credit ratings and for providing them or making them available for…
信用格付業者は、内閣府令で定めるところにより、信用格付を付与し、かつ、提供し又は閲覧に供するための方針及び方法（次項において「格付方針等」という。）を定め、公表しなければならない。これを変更したときも、同様とする。
Open this provisioncredit rating
「信用格付」
A grade, shown by symbols or numbers (or similar means a Cabinet Office Order (内閣府令) specifies), expressing the result of an assessment of the creditworthiness of a financial instrument or a corporation (or a similar entity that Order specifies), other than grades that Order specifies as set mainly by reference to other matters.
Defined inArticle 2, paragraph (34)· applies throughout the law
credit rating services
「信用格付業」
Carrying on, as a business, the assignment of credit ratings (信用格付) and providing them or making them available for inspection, other than acts a Cabinet Office Order (内閣府令) specifies as posing little risk to investor protection given whom they are made to or how.
Defined inArticle 2, paragraph (35)· applies throughout the law
credit rating agency
「信用格付業者」
A person registered with the Prime Minister under Article 66-27 to carry on credit rating services (信用格付業).
Defined inArticle 2, paragraph (36)· applies throughout the law
officer
「役員」
A director, accounting advisor, company auditor or executive officer, or a person equivalent to one, in this Act other than Articles 163 to 167.
Defined inArticle 21, paragraph (1), item (i)· applies from here on, except in Articles 163 to 167
rating entitymachine translation
「格付関係者」
In Article 66-33, paragraph (2) and Article 66-35, a person a Cabinet Office Order (内閣府令) specifies as having an interest in the matter a credit rating is about.
Defined inArticle 66-33, paragraph (2)· applies only in this provision and in Article 66-35
rating policy
「格付方針等」
In Article 66-36, paragraph (2), the policies and methods a credit rating agency must set and publish, as a Cabinet Office Order (内閣府令) sets, for determining credit ratings and providing them or making them available for inspection.
Short name set inArticle 66-36, paragraph (1)· applies only in this provision and in Article 66-36, paragraph (2)