信貸評級機構
credit rating agencies
指獲發牌或註冊經營提供信貸評級服務的業務（如《證券及期貨條例》附表5所界定）的持牌法團或註冊機構（如《證券及期貨條例》附表1第1部所界定）
It means a licensed or registered business providing credit rating services business (such as "SFO" as defined in Schedule 5) licensed corporation or registered institution (such as Part 1 of Schedule 1, "the Securities and Futures Ordinance." Definition)