EUROPE: ESMA approves EuroRating as a credit rating agency

Wednesday May 7 2014

The European Securities and Markets Authority (ESMA) has approved the registration of EuroRating Sp. Z o.o., based in Poland, as a credit rating agency (CRA) under Article 16 of the CRA Regulation. The registration takes effect from 7 May 2014.

EuroRating’s registration as a CRA means that its credit ratings can be used for regulatory purposes under EU legislation.

A registered CRA must continue to comply, on an ongoing basis, with the regulatory requirements set out under the CRA Regulation.

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