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Title[ Part 2: The First Pillar - Minimum Capital Requirements

Section[ 7. Unsolicited ratings



108.     As a general rule, banks should use solicited ratings from eligible ECAIs. National supervisory authorities may, however, allow banks to use unsolicited ratings in the same way as solicited ratings. However, there may be the potential for ECAIs to use unsolicited ratings to put pressure on entities to obtain solicited ratings. Such behaviour, when identified, should cause  supervisors to consider whether to continue recognising such ECAIs as eligible for capital adequacy purposes.



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