European Guidelines On Periodic Information Reporting Requirements For Credit Rating Agencies

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The final guidelines on periodic information to be submitted by Credit Rating Agencies to the European Securities and Markets Authority were published on June 23, 2015.
European Union Finance and Banking

The final guidelines on periodic information to be submitted by Credit Rating Agencies to the European Securities and Markets Authority were published on June 23, 2015. The guidelines apply to CRAs registered in the EU, but not to certified CRAs. They set out the information that CRAs should submit to ESMA on a quarterly, semi-annual and annual basis, including for the calculation by ESMA of supervisory fees and CRA market share. The guidelines will apply from August 23, 2015.

The final guidelines are available at: http://www.esma.europa.eu/content/Guidelines-periodic-information-be-submitted-ESMA-Credit-Rating-Agencies-0.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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