XXXXXXXXX XXXXXXXX KOMISE (XX) 2018/633
ze xxx 24. xxxxx 2018,
xxxxxx xx xxxx prováděcí xxxxxxxx (XX) 2016/1800, xxxxxx xx xxxxxxx xxxxxxxxx xxxxx, xxxxx xxx x xxxxxxxxxxx xxxxxxxxx xxxxxxxxx xx xxxxxxxxx xxxxxxxxxxx xxxxxxx xxxxx xxxxxxxx xxxxxxxxx xxxxxxxxx v souladu xx xxxxxxxx Xxxxxxxxxx xxxxxxxxxx x Xxxx 2009/138/ES
(Text x významem xxx XXX)
XXXXXXXX KOMISE,
x xxxxxxx na Xxxxxxx x xxxxxxxxx Xxxxxxxx xxxx,
x xxxxxxx na směrnici Xxxxxxxxxx parlamentu x Xxxx 2009/138/XX ze xxx 25. xxxxxxxxx 2009 x xxxxxxxx x xxxxxxxxxxx x xxxxxxxxxxx činnosti x xxxxx xxxxxx (Xxxxxxxxxxx XX) (1), x xxxxxxx xx čl. 109a xxxx. 1 xxxxxxx směrnice,
xxxxxxxx x xxxxx xxxxxxx:
(1) |
Xx xxxxxxx xxxxxxxxxxx xxxxxxxx Xxxxxx (XX) 2016/1800 (2) bylo xxxxxxxxxxxx nebo xxxxxxxxxxxxx xxx xxxxxx xxxxxxxxx xxxxxxxxxxx agentur. Xx xxxxx nezbytné xxxxxx xxxxxxx xxxxxxxxx xxxxxxxxxxx xxxxxxxx xx xxxxxx xxxxxxxxx xxxxxxxxx xxxxxxxxx xx xxxxxx nově xxxxxxxxxxxxxx xxxx xxxxxxxxxxxxxxx xxxxxxxxx xxxxxxxxxxx xxxxxxx xxxxx stupnice xxxxxxxxx xxxxxxxxx. |
(2) |
Xx xxxxxxx prováděcího xxxxxxxx (EU) 2016/1800 xxxx zrušena registrace xxxxx xxxxxxx xxxxxxxxx xxxxxxxx. Xxxx xxxxxxxx, xxx xxxx xxxxxxx xxxxxxxxxx, xx xxxxx xxxx být odstraněna x xxxxxxx xxxxxxxxx xxxxxxxxxxx xxxxxxxx. |
(3) |
Xxxx nařízení xxxxxxx x xxxxxx xxxxxxxxxxx technických xxxxx, jejž Xxxxxx xxxxxxxxxx xxxxxxxx xxxxxx xxxxxxx (Xxxxxxxx orgán xxx xxxxxxxxxxxx, Evropský xxxxx xxx pojišťovnictví x xxxxxxxxxxxxx xxxxxxxx xxxxxxxxx x Xxxxxxxx orgán pro xxxxx xxxxxx a trhy). |
(4) |
O návrhu xxxxxxxxxxx xxxxxxxxxxx norem, x xxxxx toto xxxxxxxx xxxxxxx, xxxxxxxxxxx xxxxxxxx xxxxxx xxxxxxx otevřené xxxxxxx konzultace, xxxxxxxxxxx xxxxxxxxxxx související náklady x xxxxxxx x xxxxxxxx xx xxxxxxxxxx skupiny subjektů xxxxxxxxxx v bankovnictví zřízené xxxxx xxxxxx 37 xxxxxxxx Xxxxxxxxxx parlamentu a Rady (XX) č. 1093/2010 (3), skupiny xxxxxxxx působících v oblasti xxxxxxxxx x xxxxxxxxx xxxxxxx xx xxxxxxx článku 37 xxxxxxxx Xxxxxxxxxx parlamentu x Xxxx (XX) x. 1094/2010 (4) x xxxxxxx xxxxxxxx xxxxxxxxxx x xxxxxxx cenných xxxxxx x xxxx xxxxxxx xx xxxxxxx xxxxxx 37 xxxxxxxx Xxxxxxxxxx xxxxxxxxxx x Xxxx (XX) x. 1095/2010 (5). |
(5) |
Prováděcí xxxxxxxx (XX) 2016/1800 xx xxxxx xxxx xxx xxxxxxxxxxxxx způsobem xxxxxxx, |
PŘIJALA XXXX XXXXXXXX:
Xxxxxx 1
Xxxxx prováděcího xxxxxxxx (XX) 2016/1800
Příloha prováděcího xxxxxxxx (XX) 2016/1800 xx xxxxxxxxx zněním xxxxxxxx x xxxxxxx tohoto xxxxxxxx.
Xxxxxx 2
Xxxxx x xxxxxxxx
Xxxx xxxxxxxx xxxxxxxx x xxxxxxxx xxxxxxxx xxxx xx xxxxxxxxx x Xxxxxxx xxxxxxxx Evropské xxxx.
Xxxx xxxxxxxx je xxxxxxx v celém xxxxxxx x xxxxx použitelné ve xxxxx xxxxxxxxx státech.
V Bruselu xxx 24. xxxxx 2018.
Xx Xxxxxx
xxxxxxxx
Xxxx-Xxxxxx XXXXXXX
(1) Směrnice Xxxxxxxxxx xxxxxxxxxx x&xxxx;Xxxx 2009/138/XX xx xxx 25. listopadu 2009 o přístupu x&xxxx;xxxxxxxxxxx x&xxxx;xxxxxxxxxxx xxxxxxxx x&xxxx;xxxxx výkonu (Xxxxxxxxxxx XX) (Úř. věst. L 335, 17.12.2009, x.&xxxx;1).
(2)&xxxx;&xxxx;Xxxxxxxxx xxxxxxxx Xxxxxx (XX) 2016/1800 ze xxx 11.&xxxx;xxxxx&xxxx;2016, xxxxxx xx stanoví xxxxxxxxx xxxxxxxxx normy, pokud xxx o přidělování úvěrových xxxxxxxxx xx externích xxxxxxxxxxx xxxxxxx podle xxxxxxxx xxxxxxxxx hodnocení x&xxxx;xxxxxxx xx směrnicí Xxxxxxxxxx parlamentu x&xxxx;Xxxx 2009/138/XX (Xx.&xxxx;xxxx.&xxxx;X&xxxx;275, 12.10.2016, x.&xxxx;19).
(3)&xxxx;&xxxx;Xxxxxxxx Evropského xxxxxxxxxx x&xxxx;Xxxx (XX) x.&xxxx;1093/2010 xx xxx 24. listopadu 2010 x&xxxx;xxxxxxx Xxxxxxxxxx orgánu xxxxxxx (Xxxxxxxxxx orgánu xxx xxxxxxxxxxxx), x&xxxx;xxxxx xxxxxxxxxx č. 716/2009/ES x&xxxx;x&xxxx;xxxxxxx xxxxxxxxxx Xxxxxx 2009/78/XX (Xx.&xxxx;xxxx.&xxxx;X&xxxx;331, 15.12.2010, x.&xxxx;12).
(4)&xxxx;&xxxx;Xxxxxxxx Xxxxxxxxxx parlamentu x&xxxx;Xxxx (XX) x.&xxxx;1094/2010, xx dne 24.&xxxx;xxxxxxxxx&xxxx;2010 x&xxxx;xxxxxxx Xxxxxxxxxx xxxxxx xxxxxxx (Evropského xxxxxx xxx xxxxxxxxxxxxxx x&xxxx;xxxxxxxxxxxxx xxxxxxxx xxxxxxxxx), x&xxxx;xxxxx 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, x.&xxxx;48).
(5)&xxxx;&xxxx;Xxxxxxxx Xxxxxxxxxx xxxxxxxxxx x&xxxx;Xxxx (EU) x.&xxxx;1095/2010 xx dne 24.&xxxx;xxxxxxxxx&xxxx;2010 x&xxxx;xxxxxxx Xxxxxxxxxx orgánu xxxxxxx (Xxxxxxxxxx orgánu xxx xxxxx papíry x&xxxx;xxxx), x&xxxx;xxxxx rozhodnutí x.&xxxx;716/2009/XX x&xxxx;x&xxxx;xxxxxxx xxxxxxxxxx Xxxxxx 2009/77/XX (Xx.&xxxx;xxxx.&xxxx;X&xxxx;331, 15.12.2010, s. 84).
XXXXXXX
XXXXXXX
Xxxxxxxxxxx xxxxxxxxx xxxxxxxxx xx xxxxxxxxx xxxxxxxxxxx xxxxxxx podle xxxxxxxx xxxxxxxxx xxxxxxxxx
Xxxxxx xxxxxxxxx xxxxxxxxx (stupeň xxxxxxx xxxxxxx) |
0 |
1 |
2 |
3 |
4 |
5 |
6 |
XX Xxxx Xxxxxx-Xxxxxx Xxxxxxxx Xxx |
|||||||
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxxxxx |
xxx |
xx+, xx, xx– |
x+, a, x– |
xxx+, xxx, xxx– |
bb+, xx, xx– |
x+, b, x– |
xxx+, ccc, xxx, xx, c, xx |
Stupnice xxx xxxxxxxxxx rating xxxxx |
xxx |
xx+, aa, xx– |
x+, x, a– |
xxx+, xxx, xxx– |
xx+, xx, xx– |
x+, x, b– |
xxx+, ccc, xxx, cc, x, x |
Xxxxxxxx xxx rating xxxxxxxx xxxx |
|
A++, A+ |
A, X– |
X++, B+ |
X, X– |
C++, X+ |
X, C–, D, X, X, S |
Stupnice xxx xxxxxxxxxx xxxxxx |
|
AMB-1+ |
AMB-1– |
XXX-2, XXX-3 |
XXX-4 |
|
|
XXX Ratings X.X. |
|||||||
Xxxxxxxx xxx xxxxxxx– x xxxxxxxxxx xxxxxx xxxxxxxx |
XXX |
XX |
X |
XXX |
XX |
B |
XXX, XX, X, X |
Stupnice xxx xxxxxxx– x xxxxxxxxxx rating xxxxx |
AAA |
AA |
X |
BBB |
XX |
B |
XXX, XX, X, D |
Stupnice xxx xxxxxxxxxx rating xxxxxxxx |
|
X-1+ |
X-1 |
X-2, X-3 |
X, X, X |
|
|
Xxxxxxxx pro krátkodobý xxxxxx emisí |
|
X-1+ |
A-1 |
A-2, X-3 |
X, X, X |
|
|
XXXXXXXXXX Xxxxxxxxxx Xxxxxx-Xxxxxxx XxxX |
|||||||
Xxxxxxxx xxx xxxxxxxxxx xxxxxx |
AAA |
XX |
X |
XXX |
XX |
X |
XXX, XX, X, D |
Xxxxxxxx xxx xxxxxxxxxx xxxxxx podniků |
|
A++ |
X |
|
X, X, D |
|
|
Axesor S.A. |
|||||||
Xxxxxxxx xxx globální xxxxxx |
AAA |
XX |
A |
BBB |
BB |
B |
CCC, XX, X, D, E |
Xxxxxx xx Xxxxxx |
|||||||
Stupnice pro xxxxxxxx dlouhodobý xxxxxx xxxxxxxx |
|
3++ |
3+, 3 |
4+ |
4, 5+ |
5, 6 |
7, 8, 9, X |
XXXX – Xxxxxx Xxxxxx Xxxxxx XX |
|||||||
Stupnice xxx dlouhodobý xxxxxx xxxx |
XXX |
XX |
X |
XXX |
XX |
X |
X, X |
Xxxxxxxx pro xxxxxxxxxx xxxxxx xxxxxxxxxx |
iAAA |
xXX |
iA |
xXXX |
xXX |
xX |
iC, xX |
Xxxxxxxx pro dlouhodobý xxxxxx xxxxxxx |
XXX |
XX |
A |
XXX |
XX |
X |
CCC, CC, X, X |
Xxxxxxxx pro xxxxxxxxxx rating xxxx |
XXX |
XX |
X |
BBB |
BB |
X |
XXX, XX, X, X |
Stupnice xxx xxxxxxxxxx xxxxxx xxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, CC, C, X |
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxx |
|
X-1+ |
X-1 |
A-2, X-3 |
B, X, X |
|
|
Xxxxxxxx pro xxxxxxxxxx xxxxxx podniků |
|
X-1+ |
A-1 |
A-2, X-3 |
X, X, X |
|
|
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxx |
|
X-1+ |
X-1 |
X-2, X-3 |
X, X, X |
|
|
Xxxxxxxx pro krátkodobý xxxxxx emisí |
|
A-1+ |
X-1 |
X-2, X-3 |
X, X, X |
|
|
Xxxxxxx Intelligence |
|||||||
Xxxxxxxx xxx mezinárodní xxxxxxxxxx xxxxxx xxxxxxxx |
AAA |
AA |
X |
XXX |
BB |
X |
C, XX, XX, X |
Xxxxxxxx xxx xxxxxxxxxxx xxxxxxxxxx xxxxxx xxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, XX, X, X |
Xxxxxxxx pro mezinárodní xxxxxxxxxx xxxxxx xxxxxxxx |
|
X-1+ |
A-1 |
A-2, X-3 |
X, X, X |
|
|
Xxxxxxxx xxx mezinárodní xxxxxxxxxx xxxxxx emisí |
|
A-1+ |
A-1 |
A-2, X-3 |
X, X, D |
|
|
Cerved Xxxxxx Xxxxxx S.p.A. |
|||||||
Xxxxxxxx pro xxxxxxxxxx rating podniků |
X1.1 |
X1.2, X1.3 |
X2.1, X2.2, X3.1 |
B1.1, X1.2 |
X2.1, X2.2 |
X1.1 |
C1.2, X2.1 |
Xxxxxxxxxxxx Xxxxxxx XX |
|||||||
Xxxxxxxx pro xxxxxxxxxx xxxxxx |
XXX |
XX |
X |
BBB |
BB |
B |
C, X |
XXXX X.x.X. |
|||||||
Xxxxxxxx xxx xxxxxxxx xxxxxxxxxx xxxxxx |
XXX |
XX |
A |
XXX |
BB |
B |
XXX, X1, X2 |
Xxxxxx Europe Xxxxxx Xxxxxx |
|||||||
Xxxxxxxx xxx dlouhodobý xxxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, XX, X, X |
Xxxxxxxx pro xxxxxxxxxx xxxxxx |
|
X-1 |
|
X-2, X-3 |
B, C, X |
|
|
XXXX Ratings Xxxxxxx |
|||||||
Xxxxxxxx xxx xxxxxxxxxx rating xxxxxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, XX, C, X |
Xxxxxxxx pro rating xxxxxxxxxx papírů x xxxxxxxxxxxx xxxxx |
|
X-1 X, X-1 X |
X-1 X |
X-2, X-3 |
X-4, R-5, X |
|
|
Stupnice xxx xxxxxx xxxxxxxxxx xxxxxxxx pojistné plnění |
|
IC-1 |
XX-2 |
IC-3 |
XX-4 |
XX-5 |
D |
Xxxx-Xxxxx Xxxxxxx Xx. |
|||||||
Xxxxxxxx pro xxxxxxxxxx xxxxxx |
AAA |
XX |
X |
BBB |
XX |
X |
XXX, XX, X, X |
Xxxxxxxx xxx xxxxxxxxxx rating |
|
X-1+ |
X-1 |
X-2 |
X-3, B, X, X |
|
|
Xxxxx Xxxxxx Xxxxxx XxxX |
|||||||
Xxxxxxxx xxx xxxxxxxx dlouhodobý rating |
AAA |
XX |
A |
XXX |
XX |
X |
XXX, XX, X, SD, D |
Xxxxxxxx Xxxxxx Agency, a.s. |
|||||||
Stupnice xxx xxxxxxxxxx xxxxxx |
|
|
AAA, XX, X |
XXX |
BB |
B |
XXX, CC, X, D |
Xxxxxxxx xxx xxxxxxxxxx xxxxxx |
|
|
X1 |
S2 |
S3, X4, XX |
|
|
XxxxXxxxxx Sp. z x.x. |
|||||||
Xxxxxxxx pro xxxxxxxx xxxxxxxxxx xxxxxx |
AAA |
XX |
A |
BBB |
XX |
X |
XXX, XX, X, X |
Xxxxx Xxxxxx X.X.X., Fitch Xxxxxxxxxxx XxxX, Xxxxx Xxxxxx X.x.X., Xxxxx Polska X.X., Xxxxx Xxxxxxx Xxxxñx X.X.X., Fitch Xxxxxxx Xxxxxxx UK, Xxxxx Xxxxxxx CIS Xxxxxxx |
|||||||
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxxxxx |
AAA |
XX |
A |
BBB |
XX |
X |
XXX, XX, X, XX, D |
Xxxxxxx x xxxxxxxxxxx xxxxxxx – stupnice xxx xxxxxxxxxx rating |
AAA |
XX |
A |
BBB |
BB |
X |
XXX, XX, X |
Xxxxxxxx pro xxxxxxxxxxx xxxxxxxxxx rating xxxxxxxx xxxx xxxxxxxxxx |
XXX |
XX |
A |
XXX |
XX |
B |
XXX, XX, X |
Xxxxxxxx xxx xxxxxxxxxx xxxxxx |
|
X1+ |
X1 |
X2, X3 |
X, X, XX, X |
|
|
Xxxxxxxx pro xxxxxxxxxx rating xxxxxxxx xxxx xxxxxxxxxx |
|
F1+ |
X1 |
X2, X3 |
X, X |
|
|
XXX-Xxxxxx Xxxxxxxxxxxx für Xxxxxäxxxxxxxxxxxxx xxX |
|||||||
Stupnice xxx xxxxxxxx dlouhodobý xxxxxx |
XXX |
AA |
|
A, XXX |
XX |
X |
XXX, XX, X, X |
XX Xxxxxxx de Xxxxxx, S.A. xx X.X. |
|||||||
Xxxxxxxx xxx xxxxxxxx xxxxxxxxxx xxxxxx |
XX XXX(X) |
HR XX(X) |
XX X(X) |
HR BBB(G) |
HR XX(X) |
XX B(G) |
HR X(X), XX X (X) |
Xxxxxxxx xxx xxxxxxxx xxxxxxxxxx xxxxxx |
XX+1(X) |
XX1(X) |
HR2(G) |
XX3(X) |
XX4(X), HR5(G), XX D(G) |
|
|
XXXX Xxxxx X.X. |
|||||||
Xxxxxxxx xxx xxxxxxxx xxxxxxxxxx xxxxxx |
|
|
XX, A |
XX, X |
X, X |
X, X |
X, X |
XXX Xxxxxx Xx. x x.x. |
|||||||
Xxxxxxxx xxx xxxxxxxxxx rating xxxxxxxx |
XXX |
XX |
X |
BBB |
BB |
X |
XXX, XX, C, X |
Japan Xxxxxx Rating Xxxxxx Xxx |
|||||||
Xxxxxxxx xxx dlouhodobý xxxxxx emitentů |
XXX |
XX |
X |
XXX |
XX |
X |
CCC, XX, X, XX, X |
Xxxxxxxx xxx xxxxxxxxxx rating xxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, XX, X, X |
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxxxxx |
|
J-1+ |
J-1 |
X-2 |
J-3, XX, XX, D |
|
|
Xxxxxxxx xxx xxxxxxxxxx xxxxxx emisí |
|
J-1+ |
X-1 |
J-2 |
X-3, XX, X |
|
|
Xxxxx Xxxx Xxxxxx Xxxxxx |
|||||||
Xxxxxxxx xxx xxxxxxxxxx xxxxxx |
AAA |
AA |
X |
XXX |
BB |
X |
CCC, CC, X, X |
Xxxxxxxx pro xxxxxxxxxx rating |
|
X1+ |
K1 |
X2, K3 |
B, X, D |
|
|
modeFinance X.x.x. |
|||||||
Xxxxxxxx xxx xxxxxxxx xxxxxxxxxx xxxxxx |
X1 |
X2 |
X3 |
X1 |
X2 |
X3 |
X1, X2, X3, X |
Xxxxx'x Xxxxxxxxx Service Xxxxxx Ltd, Xxxxx'x Xxxxxx X.X.X., Moody's Xxxxxxxxxxx XxxX, Xxxxx'x Xxxxxx X.x.x., Xxxxx'x Xxxxxxxxx Xxxxxxx España X.X., Xxxxx'x Investors Xxxxxxx Xxx |
|||||||
Xxxxxxxx pro xxxxxxxx xxxxxxxxxx rating |
Xxx |
Aa |
A |
Xxx |
Xx |
X |
Xxx, Xx, X |
Xxxxxxxx xxx xxxxxx xxxxxxxxxxxxx xxxxx |
Xxx-xx |
Xx-xx |
X-xx |
Xxx-xx |
Ba-bf |
B-bf |
Caa-bf, Xx-xx, X-xx |
Xxxxxxxx xxx xxxxxxxx xxxxxxxxxx rating |
|
X-1 |
X-2 |
P-3 |
XX |
|
|
Xxxxxx-Xxxxxxx Xxxxxx XX XxxX |
|||||||
Xxxxxxxx xxx xxxxxxxxxxx xxxxxx |
AAA |
XX |
A |
XXX |
XX |
X |
XXX, XX, C, X, X |
Stupnice xxx xxxxxxxxxxx rating xxxxxxxxxxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, XX, X, X, X |
Xxxxx Xxxxxxx XX |
|||||||
Stupnice xxx globální dlouhodobý xxxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, XX, C, X |
Xxxxxxxx xxx xxxxxxxx xxxxxxxxxx xxxxxx |
|
S-1+ |
S-1 |
X-2 |
S-3, X-4 |
|
|
Spread Xxxxxxxx |
|||||||
Xxxxxxxx xxx xxxxxxxxxxx xxxxxxxxxx xxxxxx |
XXX |
XX |
A |
BBB |
BB |
B |
XXX, XX, X, D |
Xxxxxxxx &xxx; Xxxx'x Xxxxxx Market Xxxxxxxx Xxxxxx X.X.X., Xxxxxxxx & Xxxx'x Xxxxxx Xxxxxx Services Xxxxx S.r.l., Standard &xxx; Poor's Credit Xxxxxx Xxxxxxxx Xxxxxx Xxxxxxx |
|||||||
Xxxxxxxx pro dlouhodobý xxxxxx xxxxxxxx |
XXX |
XX |
X |
XXX |
BB |
X |
CCC, XX, X, XX/X |
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxx |
AAA |
XX |
A |
XXX |
BB |
X |
CCC, XX, C, D |
Xxxxxxxx xxx rating finanční xxxx xxxxxxxxxx |
XXX |
XX |
A |
XXX |
XX |
B |
XXX, CC, XX/X, X |
Xxxxxxxx xxx rating xxxxxxx kvality xxxxx |
XXXx |
XXx |
Xx |
BBBf |
XXx |
Xx |
CCCf |
Xxxxxxxx xxx rating xxxxxxxxx xxxxxxxxxxx na xxxxxxxx xxxx (XXX) |
|
|
MM1 |
MM2 |
XX3, XX4 |
XX5, XX6 |
XX7, XX8, XXX |
Xxxxxxxx xxx xxxxxxxxxx xxxxxx xxxxxxxx |
|
X-1+ |
X-1 |
X-2, X-3 |
X, X, X, XX/X |
|
|
Stupnice pro xxxxxxxxxx rating xxxxx |
|
A-1+ |
X-1 |
A-2, X-3 |
X, X, X |
|
|
Xxx Xxxxxxxxx Xxxxxxxxxxxx Xxxx Xxx |
|||||||
Xxxxxxxx pro rating xxxxx |
XXX |
XX |
X |
XXX |
XX |
X |
XXX, CC, X, X |