XXXXXXXXX XXXXXXXX KOMISE (XX) 2018/633
ze dne 24. xxxxx 2018,
xxxxxx se xxxx xxxxxxxxx xxxxxxxx (XX) 2016/1800, kterým xx stanoví technické xxxxx, xxxxx xxx x xxxxxxxxxxx úvěrových hodnocení xx xxxxxxxxx ratingových xxxxxxx xxxxx stupnice xxxxxxxxx xxxxxxxxx v souladu xx směrnicí Xxxxxxxxxx xxxxxxxxxx x Xxxx 2009/138/XX
(Xxxx x významem xxx XXX)
XXXXXXXX XXXXXX,
x xxxxxxx xx Xxxxxxx x xxxxxxxxx Xxxxxxxx xxxx,
x xxxxxxx na xxxxxxxx Xxxxxxxxxx xxxxxxxxxx x Xxxx 2009/138/XX ze dne 25. xxxxxxxxx 2009 o přístupu x xxxxxxxxxxx x xxxxxxxxxxx xxxxxxxx x xxxxx xxxxxx (Solventnost XX) (1), x xxxxxxx na xx. 109x xxxx. 1 xxxxxxx xxxxxxxx,
xxxxxxxx x xxxxx xxxxxxx:
(1) |
Xx xxxxxxx xxxxxxxxxxx xxxxxxxx Xxxxxx (XX) 2016/1800 (2) xxxx xxxxxxxxxxxx nebo xxxxxxxxxxxxx xxx nových externích xxxxxxxxxxx agentur. Je xxxxx xxxxxxxx změnit xxxxxxx xxxxxxxxx xxxxxxxxxxx xxxxxxxx za xxxxxx xxxxxxxxx xxxxxxxxx xxxxxxxxx xx xxxxxx xxxx xxxxxxxxxxxxxx xxxx certifikovaných xxxxxxxxx xxxxxxxxxxx xxxxxxx xxxxx xxxxxxxx úvěrového xxxxxxxxx. |
(2) |
Xx xxxxxxx prováděcího xxxxxxxx (EU) 2016/1800 xxxx xxxxxxx registrace xxxxx xxxxxxx xxxxxxxxx xxxxxxxx. Tato agentura, xxx byla xxxxxxx xxxxxxxxxx, by xxxxx xxxx xxx xxxxxxxxxx x xxxxxxx xxxxxxxxx prováděcího xxxxxxxx. |
(3) |
Xxxx nařízení xxxxxxx x xxxxxx prováděcích technických xxxxx, jejž Komisi xxxxxxxxxx xxxxxxxx xxxxxx xxxxxxx (Xxxxxxxx xxxxx xxx xxxxxxxxxxxx, Xxxxxxxx xxxxx pro xxxxxxxxxxxxxx x xxxxxxxxxxxxx xxxxxxxx xxxxxxxxx x Xxxxxxxx xxxxx pro xxxxx papíry x xxxx). |
(4) |
X xxxxxx xxxxxxxxxxx xxxxxxxxxxx xxxxx, x xxxxx toto nařízení xxxxxxx, xxxxxxxxxxx xxxxxxxx xxxxxx dohledu xxxxxxxx xxxxxxx xxxxxxxxxx, analyzovaly xxxxxxxxxxx xxxxxxxxxxx xxxxxxx x xxxxxxx a vyžádaly xx xxxxxxxxxx skupiny xxxxxxxx xxxxxxxxxx x xxxxxxxxxxxx zřízené xxxxx xxxxxx 37 xxxxxxxx Xxxxxxxxxx parlamentu a Rady (XX) č. 1093/2010 (3), xxxxxxx xxxxxxxx xxxxxxxxxx v oblasti xxxxxxxxx x xxxxxxxxx zřízené xx základě xxxxxx 37 xxxxxxxx Xxxxxxxxxx xxxxxxxxxx x Xxxx (XX) x. 1094/2010 (4) x xxxxxxx subjektů xxxxxxxxxx x xxxxxxx xxxxxxx xxxxxx x xxxx xxxxxxx xx xxxxxxx xxxxxx 37 xxxxxxxx Xxxxxxxxxx xxxxxxxxxx x Xxxx (XX) x. 1095/2010 (5). |
(5) |
Xxxxxxxxx xxxxxxxx (XX) 2016/1800 xx xxxxx xxxx být xxxxxxxxxxxxx xxxxxxxx xxxxxxx, |
XXXXXXX XXXX XXXXXXXX:
Xxxxxx 1
Xxxxx prováděcího xxxxxxxx (XX) 2016/1800
Xxxxxxx xxxxxxxxxxx xxxxxxxx (EU) 2016/1800 xx xxxxxxxxx xxxxxx xxxxxxxx x xxxxxxx xxxxxx xxxxxxxx.
Xxxxxx 2
Xxxxx x xxxxxxxx
Toto xxxxxxxx xxxxxxxx x xxxxxxxx xxxxxxxx xxxx po vyhlášení x Xxxxxxx xxxxxxxx Xxxxxxxx xxxx.
Xxxx xxxxxxxx xx xxxxxxx x xxxxx rozsahu x xxxxx použitelné ve xxxxx xxxxxxxxx xxxxxxx.
X Xxxxxxx xxx 24. xxxxx 2018.
Za Xxxxxx
xxxxxxxx
Xxxx-Xxxxxx JUNCKER
(1)&xxxx;&xxxx;Xxxxxxxx Evropského parlamentu x&xxxx;Xxxx 2009/138/ES xx xxx 25.&xxxx;xxxxxxxxx&xxxx;2009 x&xxxx;xxxxxxxx x&xxxx;xxxxxxxxxxx a zajišťovací xxxxxxxx x&xxxx;xxxxx výkonu (Solventnost XX) (Xx.&xxxx;xxxx.&xxxx;X&xxxx;335, 17.12.2009, x.&xxxx;1).
(2)&xxxx;&xxxx;Xxxxxxxxx nařízení Xxxxxx (XX) 2016/1800 xx xxx 11.&xxxx;xxxxx&xxxx;2016, xxxxxx xx xxxxxxx prováděcí xxxxxxxxx xxxxx, pokud xxx x&xxxx;xxxxxxxxxxx úvěrových xxxxxxxxx xx xxxxxxxxx xxxxxxxxxxx xxxxxxx podle xxxxxxxx xxxxxxxxx xxxxxxxxx x&xxxx;xxxxxxx xx xxxxxxxx Xxxxxxxxxx xxxxxxxxxx x&xxxx;Xxxx 2009/138/XX (Xx.&xxxx;xxxx.&xxxx;X&xxxx;275, 12.10.2016, x.&xxxx;19).
(3) Nařízení Xxxxxxxxxx parlamentu x&xxxx;Xxxx (XX) x.&xxxx;1093/2010 xx dne 24.&xxxx;xxxxxxxxx&xxxx;2010 x&xxxx;xxxxxxx Xxxxxxxxxx xxxxxx xxxxxxx (Evropského xxxxxx xxx xxxxxxxxxxxx), x&xxxx;xxxxx xxxxxxxxxx x.&xxxx;716/2009/XX a o zrušení xxxxxxxxxx Komise 2009/78/XX (Xx.&xxxx;xxxx.&xxxx;X&xxxx;331, 15.12.2010, s. 12).
(4)&xxxx;&xxxx;Xxxxxxxx Xxxxxxxxxx parlamentu x&xxxx;Xxxx (XX) č. 1094/2010, xx dne 24.&xxxx;xxxxxxxxx&xxxx;2010 x&xxxx;xxxxxxx Xxxxxxxxxx xxxxxx xxxxxxx (Evropského orgánu xxx pojišťovnictví x&xxxx;xxxxxxxxxxxxx xxxxxxxx xxxxxxxxx), o změně xxxxxxxxxx č. 716/2009/ES x&xxxx;x&xxxx;xxxxxxx xxxxxxxxxx Xxxxxx 2009/79/XX (Xx.&xxxx;xxxx.&xxxx;X&xxxx;331, 15.12.2010, s. 48).
(5)&xxxx;&xxxx;Xxxxxxxx Evropského xxxxxxxxxx x&xxxx;Xxxx (EU) x.&xxxx;1095/2010 xx xxx 24.&xxxx;xxxxxxxxx&xxxx;2010 x&xxxx;xxxxxxx Evropského xxxxxx xxxxxxx (Evropského xxxxxx xxx cenné xxxxxx x&xxxx;xxxx), x&xxxx;xxxxx xxxxxxxxxx x.&xxxx;716/2009/XX a o zrušení xxxxxxxxxx Xxxxxx 2009/77/XX (Xx.&xxxx;xxxx.&xxxx;X&xxxx;331, 15.12.2010, s. 84).
XXXXXXX
XXXXXXX
Xxxxxxxxxxx úvěrových hodnocení xx externích xxxxxxxxxxx xxxxxxx xxxxx xxxxxxxx xxxxxxxxx xxxxxxxxx
Xxxxxx xxxxxxxxx xxxxxxxxx (xxxxxx xxxxxxx xxxxxxx) |
0 |
1 |
2 |
3 |
4 |
5 |
6 |
XX Xxxx Xxxxxx-Xxxxxx Xxxxxxxx Ltd |
|||||||
Xxxxxxxx pro xxxxxxxxxx rating xxxxxxxx |
xxx |
xx+, xx, aa– |
x+, x, x– |
xxx+, xxx, xxx– |
xx+, xx, bb– |
x+, b, x– |
xxx+, xxx, ccc, xx, x, xx |
Xxxxxxxx xxx dlouhodobý rating xxxxx |
xxx |
xx+, aa, aa– |
x+, x, x– |
xxx+, xxx, xxx– |
xx+, xx, xx– |
x+, x, x– |
ccc+, ccc, xxx, xx, x, x |
Xxxxxxxx xxx xxxxxx xxxxxxxx xxxx |
|
X++, A+ |
X, X– |
X++, B+ |
B, B– |
X++, X+ |
X, X–, D, X, F, S |
Xxxxxxxx xxx xxxxxxxxxx rating |
|
AMB-1+ |
XXX-1– |
XXX-2, XXX-3 |
XXX-4 |
|
|
XXX Xxxxxxx X.X. |
|||||||
Xxxxxxxx xxx středně– x xxxxxxxxxx xxxxxx xxxxxxxx |
AAA |
XX |
A |
XXX |
XX |
X |
XXX, XX, X, X |
Xxxxxxxx xxx xxxxxxx– x xxxxxxxxxx xxxxxx xxxxx |
XXX |
AA |
A |
XXX |
BB |
X |
CCC, XX, C, X |
Xxxxxxxx xxx xxxxxxxxxx rating xxxxxxxx |
|
X-1+ |
X-1 |
X-2, X-3 |
X, X, X |
|
|
Xxxxxxxx xxx krátkodobý xxxxxx xxxxx |
|
X-1+ |
X-1 |
X-2, X-3 |
B, X, X |
|
|
XXXXXXXXXX Xxxxxxxxxx Xxxxxx-Xxxxxxx XxxX |
|||||||
Xxxxxxxx pro xxxxxxxxxx rating |
AAA |
AA |
A |
XXX |
XX |
B |
CCC, XX, X, D |
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxxxx |
|
X++ |
A |
|
X, X, D |
|
|
Xxxxxx X.X. |
|||||||
Xxxxxxxx xxx globální rating |
XXX |
XX |
A |
XXX |
XX |
X |
XXX, XX, C, D, E |
Xxxxxx xx Xxxxxx |
|||||||
Xxxxxxxx xxx xxxxxxxx dlouhodobý xxxxxx xxxxxxxx |
|
3++ |
3+, 3 |
4+ |
4, 5+ |
5, 6 |
7, 8, 9, X |
XXXX – Credit Xxxxxx Xxxxxx AD |
|||||||
Xxxxxxxx xxx dlouhodobý xxxxxx xxxx |
XXX |
XX |
X |
XXX |
XX |
X |
X, D |
Xxxxxxxx pro xxxxxxxxxx xxxxxx pojišťoven |
xXXX |
iAA |
xX |
xXXX |
xXX |
xX |
xX, xX |
Xxxxxxxx xxx dlouhodobý xxxxxx podniků |
AAA |
XX |
A |
XXX |
BB |
B |
XXX, CC, X, X |
Xxxxxxxx xxx xxxxxxxxxx rating xxxx |
XXX |
AA |
X |
XXX |
XX |
B |
CCC, XX, C, X |
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, XX, C, X |
Xxxxxxxx pro xxxxxxxxxx xxxxxx xxxx |
|
A-1+ |
X-1 |
X-2, X-3 |
X, X, X |
|
|
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxxxx |
|
X-1+ |
X-1 |
X-2, X-3 |
X, C, X |
|
|
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxx |
|
X-1+ |
X-1 |
X-2, X-3 |
B, X, X |
|
|
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxx |
|
X-1+ |
A-1 |
X-2, A-3 |
X, X, X |
|
|
Xxxxxxx Intelligence |
|||||||
Xxxxxxxx xxx xxxxxxxxxxx xxxxxxxxxx xxxxxx emitentů |
AAA |
XX |
X |
XXX |
XX |
B |
X, XX, XX, X |
Stupnice xxx xxxxxxxxxxx xxxxxxxxxx xxxxxx xxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, XX, X, X |
Xxxxxxxx xxx xxxxxxxxxxx xxxxxxxxxx rating emitentů |
|
X-1+ |
A-1 |
A-2, X-3 |
X, X, X |
|
|
Xxxxxxxx xxx xxxxxxxxxxx krátkodobý xxxxxx xxxxx |
|
X-1+ |
X-1 |
X-2, X-3 |
X, X, D |
|
|
Xxxxxx Xxxxxx Xxxxxx S.p.A. |
|||||||
Xxxxxxxx xxx xxxxxxxxxx xxxxxx podniků |
X1.1 |
X1.2, X1.3 |
X2.1, X2.2, X3.1 |
B1.1, X1.2 |
X2.1, X2.2 |
X1.1 |
X1.2, X2.1 |
Creditreform Xxxxxxx XX |
|||||||
Xxxxxxxx xxx xxxxxxxxxx rating |
AAA |
AA |
X |
XXX |
BB |
X |
C, X |
XXXX X.x.X. |
|||||||
Xxxxxxxx xxx xxxxxxxx xxxxxxxxxx rating |
AAA |
XX |
A |
XXX |
BB |
B |
XXX, D1, X2 |
Xxxxxx Xxxxxx Xxxxxx Xxxxxx |
|||||||
Xxxxxxxx xxx dlouhodobý xxxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, XX, C, X |
Xxxxxxxx pro xxxxxxxxxx xxxxxx |
|
X-1 |
|
X-2, X-3 |
X, C, X |
|
|
XXXX Ratings Xxxxxxx |
|||||||
Stupnice xxx xxxxxxxxxx xxxxxx xxxxxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, XX, X, X |
Xxxxxxxx xxx xxxxxx xxxxxxxxxx xxxxxx x xxxxxxxxxxxx xxxxx |
|
X-1 X, X-1 X |
R-1 L |
R-2, X-3 |
X-4, X-5, X |
|
|
Xxxxxxxx xxx xxxxxx xxxxxxxxxx xxxxxxxx xxxxxxxx xxxxxx |
|
XX-1 |
XX-2 |
IC-3 |
XX-4 |
IC-5 |
X |
Egan-Jones Xxxxxxx Xx. |
|||||||
Stupnice xxx xxxxxxxxxx xxxxxx |
XXX |
AA |
A |
XXX |
XX |
X |
XXX, XX, X, X |
Xxxxxxxx pro xxxxxxxxxx xxxxxx |
|
X-1+ |
A-1 |
X-2 |
X-3, X, X, X |
|
|
Euler Hermes Xxxxxx XxxX |
|||||||
Xxxxxxxx pro xxxxxxxx dlouhodobý xxxxxx |
XXX |
AA |
X |
BBB |
XX |
B |
CCC, XX, C, XX, X |
Xxxxxxxx Xxxxxx Xxxxxx, x.x. |
|||||||
Xxxxxxxx xxx dlouhodobý xxxxxx |
|
|
AAA, XX, X |
BBB |
XX |
X |
XXX, CC, X, X |
Stupnice xxx xxxxxxxxxx xxxxxx |
|
|
X1 |
S2 |
S3, X4, XX |
|
|
XxxxXxxxxx Sp. x x.x. |
|||||||
Xxxxxxxx pro xxxxxxxx xxxxxxxxxx rating |
XXX |
XX |
X |
XXX |
XX |
B |
XXX, XX, X, X |
Xxxxx Xxxxxx X.X.X., Xxxxx Deutschland XxxX, Xxxxx Italia X.x.X., Xxxxx Xxxxxx X.X., Xxxxx Ratings Xxxxñx X.X.X., Fitch Xxxxxxx Limited XX, Xxxxx Xxxxxxx XXX Xxxxxxx |
|||||||
Xxxxxxxx pro xxxxxxxxxx xxxxxx xxxxxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
CCC, CC, X, RD, X |
Xxxxxxx x xxxxxxxxxxx xxxxxxx – stupnice pro xxxxxxxxxx xxxxxx |
XXX |
XX |
X |
BBB |
BB |
X |
XXX, XX, X |
Xxxxxxxx pro mezinárodní xxxxxxxxxx xxxxxx finanční xxxx pojišťoven |
XXX |
AA |
X |
BBB |
XX |
B |
CCC, XX, X |
Xxxxxxxx xxx krátkodobý xxxxxx |
|
X1+ |
X1 |
X2, F3 |
X, C, XX, X |
|
|
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxxxxx xxxx xxxxxxxxxx |
|
X1+ |
X1 |
F2, X3 |
B, X |
|
|
XXX-Xxxxxx Gesellschaft xüx Xxxxxäxxxxxxxxxxxxx mbH |
|||||||
Xxxxxxxx pro xxxxxxxx dlouhodobý xxxxxx |
XXX |
AA |
|
X, XXX |
XX |
X |
XXX, XX, X, X |
XX Xxxxxxx de Xxxxxx, S.A. xx X.X. |
|||||||
Xxxxxxxx xxx xxxxxxxx xxxxxxxxxx xxxxxx |
HR XXX(X) |
XX XX(X) |
XX X(X) |
HR XXX(X) |
XX XX(X) |
XX X(X) |
HR C(G), XX X (X) |
Xxxxxxxx xxx xxxxxxxx xxxxxxxxxx xxxxxx |
HR+1(G) |
XX1(X) |
XX2(X) |
XX3(X) |
XX4(X), HR5(G), XX X(X) |
|
|
XXXX Xxxxx X.X. |
|||||||
Xxxxxxxx xxx xxxxxxxx xxxxxxxxxx rating |
|
|
AA, X |
XX, X |
X, X |
X, F |
G, X |
XXX Xxxxxx Xx. x x.x. |
|||||||
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxxxxx |
AAA |
XX |
X |
BBB |
XX |
B |
XXX, XX, X, X |
Japan Xxxxxx Xxxxxx Xxxxxx Xxx |
|||||||
Xxxxxxxx pro dlouhodobý xxxxxx xxxxxxxx |
XXX |
AA |
X |
XXX |
XX |
X |
CCC, CC, X, XX, X |
Xxxxxxxx xxx dlouhodobý rating xxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, CC, X, X |
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxxxxx |
|
J-1+ |
J-1 |
X-2 |
X-3, NJ, XX, X |
|
|
Xxxxxxxx xxx xxxxxxxxxx rating xxxxx |
|
X-1+ |
X-1 |
X-2 |
X-3, XX, X |
|
|
Kroll Xxxx Xxxxxx Xxxxxx |
|||||||
Xxxxxxxx xxx xxxxxxxxxx rating |
XXX |
XX |
A |
BBB |
BB |
X |
CCC, XX, X, X |
Stupnice pro xxxxxxxxxx xxxxxx |
|
K1+ |
X1 |
K2, X3 |
B, X, X |
|
|
modeFinance X.x.x. |
|||||||
Stupnice xxx xxxxxxxx xxxxxxxxxx xxxxxx |
X1 |
X2 |
X3 |
X1 |
X2 |
X3 |
X1, X2, X3, X |
Xxxxx'x Investors Xxxxxxx Xxxxxx Xxx, Xxxxx'x Xxxxxx S.A.S., Moody's Xxxxxxxxxxx GmbH, Xxxxx'x Xxxxxx S.r.l., Moody's Xxxxxxxxx Xxxxxxx España X.X., Moody's Xxxxxxxxx Xxxxxxx Ltd |
|||||||
Xxxxxxxx pro xxxxxxxx xxxxxxxxxx xxxxxx |
Xxx |
Aa |
X |
Xxx |
Ba |
X |
Xxx, Xx, X |
Stupnice xxx xxxxxx dluhopisových xxxxx |
Xxx-xx |
Aa-bf |
X-xx |
Xxx-xx |
Ba-bf |
X-xx |
Xxx-xx, Xx-xx, X-xx |
Xxxxxxxx pro xxxxxxxx xxxxxxxxxx xxxxxx |
|
X-1 |
X-2 |
X-3 |
NP |
|
|
Xxxxxx-Xxxxxxx Xxxxxx RA XxxX |
|||||||
Xxxxxxxx xxx mezinárodní xxxxxx |
XXX |
XX |
X |
XXX |
BB |
B |
CCC, XX, X, D, E |
Xxxxxxxx xxx mezinárodní xxxxxx xxxxxxxxxxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, XX, C, X, X |
Xxxxx Ratings AG |
|||||||
Stupnice xxx globální xxxxxxxxxx xxxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, CC, X, X |
Xxxxxxxx xxx xxxxxxxx xxxxxxxxxx xxxxxx |
|
S-1+ |
X-1 |
S-2 |
X-3, X-4 |
|
|
Xxxxxx Xxxxxxxx |
|||||||
Xxxxxxxx xxx xxxxxxxxxxx xxxxxxxxxx rating |
XXX |
AA |
A |
XXX |
BB |
B |
CCC, XX, X, D |
Xxxxxxxx &xxx; Xxxx'x Xxxxxx Market Xxxxxxxx Xxxxxx S.A.S., Xxxxxxxx &xxx; Poor's Xxxxxx Xxxxxx Services Xxxxx S.r.l., Standard &xxx; Xxxx'x Xxxxxx Xxxxxx Xxxxxxxx Xxxxxx Xxxxxxx |
|||||||
Xxxxxxxx pro dlouhodobý xxxxxx emitentů |
AAA |
XX |
X |
BBB |
XX |
B |
XXX, XX, X, SD/D |
Xxxxxxxx pro xxxxxxxxxx xxxxxx xxxxx |
XXX |
XX |
X |
BBB |
BB |
X |
XXX, XX, X, X |
Xxxxxxxx xxx rating xxxxxxxx xxxx xxxxxxxxxx |
XXX |
AA |
X |
XXX |
XX |
B |
XXX, XX, XX/X, X |
Xxxxxxxx pro xxxxxx xxxxxxx xxxxxxx fondů |
AAAf |
XXx |
Xx |
XXXx |
BBf |
Xx |
CCCf |
Stupnice xxx xxxxxx hodnocení xxxxxxxxxxx xx středním xxxx (MME) |
|
|
XX1 |
MM2 |
XX3, XX4 |
MM5, XX6 |
XX7, XX8, MMD |
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxxxxx |
|
X-1+ |
X-1 |
X-2, X-3 |
B, C, X, XX/X |
|
|
Xxxxxxxx pro xxxxxxxxxx xxxxxx emisí |
|
A-1+ |
X-1 |
X-2, X-3 |
X, X, D |
|
|
Xxx Xxxxxxxxx Intelligence Xxxx Xxx |
|||||||
Xxxxxxxx pro rating xxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, XX, C, X |