About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Who’s Certified to Operate as a Credit Ratings Agency in Europe?

Subscribe to our newsletter

As part of the regulatory crackdown on ratings agency in the post-crisis financial markets environment (and in accordance with Article 18(3) of the Credit Rating Agencies Regulation), the European Securities and Markets Authority (ESMA) is required to publish a list of all credit ratings agencies that have been registered or certified to operate in the European region. Currently, there are nine on the list that have registered since November last year, six of whom are registered in Germany.

In addition to the six firms registered in Germany, the list includes one Japanese credit ratings firm that is certified to operate under the watchful eye of the French regulator, Autorité des Marchés Financiers (AMF). The other two are registered in Bulgaria and in Greece, and under the jurisdiction of the respective national market regulators.

Back in 2009, the Committee of European Securities Regulators (CESR) was charged with setting in place a new reporting regime for ratings agencies to provide information on the historical performance of their credit ratings issued to the regulator, which would then be published in a central repository. ESMA, in July this year, then assumed responsibility for the supervision of the European ratings agencies and these firms must now therefore register with the European level regulator in order to conduct business in the region and for their ratings to be used for regulatory purposes.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Diginex Labour Rights Expert Acquisition Highlights ESG Data Shift to Risk

Sustainability data and RegTech provider Diginex’s recent acquisition of The Remedy Project labour and human rights advisory illustrates how ESG is transforming from an investment strategy to a risk mitigation objective among financial companies. The London-based company, which last year purchased sustainability data and analytics provider Matter DK, anticipates that the The Remedy Project’s expertise...

EVENT

TradingTech Summit New York

Our TradingTech Summit in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Institutional Digital Assets Handbook 2023

After initial hesitancy, interest in digital assets from institutional market participants has grown over the past three to four years. Early focus inevitably centred on the market opportunities presented by bitcoin and other cryptocurrencies. But this has evolved into a broad acceptance of a potentially meaningful role for digital assets in institutional markets. It’s now...