Re #DYK | CEREP provides information on credit ratings issued by #CRAs registered/certified in 🇪🇺.
It allows investors to assess the performance and reliability of credit ratings for different CRAs, asset classes, geographical regions and time horizons.
https://europa.eu/!RNKCkj https://n.respublicae.eu/ESMAComms/status/1678389517147856898/photo/1

🐦🔗: https://n.respublicae.eu/ESMAComms/status/1678389517147856898

📚 ESMA Report: https://europa.eu/!fyRwyP

🎯 of the 141,600 credit ratings for EEA30 instruments and issuers → corporate ratings (79%), sovereigns (12%) and structured finance ratings (9%)
🎯 the largest 3 #CRAs had issued most outstanding ratings

🗨️ #ESMA Chair, #VerenaRoss ⤵️

🐦🔗: https://n.respublicae.eu/ESMAComms/status/1650796280757514243

🆕 #ESMA withdrew the credit rating agency registration of Scope Hamburg GmbH as of 24 March 2023.

📄 List of registered and certified #CRAs → https://europa.eu/!BcfTk6.

🐦🔗: https://n.respublicae.eu/ESMAComms/status/1640394228231553027

2/2
→ traders, brokers and financial institutions use #AI to optimise trade execution and post-trade processes
→ some #CRAs, proxy advisory firms & other financial market participants also use AI tools, mostly to enhance ℹ️ sourcing and data analysis

https://europa.eu/!CVkwQx

🐦🔗: https://n.respublicae.eu/ESMAComms/status/1620732973778882561

🗞️ #ESMA withdrew the credit rating agency registration of @Qivalio1 SAS, following the asset transfer of the credit rating activities to @EthiFinance Ratings S.L. (formerly Axesor). → https://europa.eu/!MQxD43

📄 List of registered and certified #CRAs → https://europa.eu/!BcfTk6

🐦🔗: https://n.respublicae.eu/ESMAComms/status/1620452007093096449

As the single supervisor for:

👁‍🗨 #CRAs
👁‍🗨 Securitisation & Trade Repositories
👁‍🗨 Third-Country #CCPs
👁‍🗨 Benchmark Administrators
👁‍🗨 Data Reporting Service Providers
↓
#ESMA has responsibilities and powers to deal with possible infringements

http://europa.eu/!4bpqHR

🐦🔗: https://nitter.eu/ESMAComms/status/1539178857718226946

#DYK that #ESMA is the single direct supervisor of Credit Rating Agencies in 🇪🇺?

💡CRA Regulation introduced a common approach to #CRAs Regulation & Supervision to ensure the responsibility of credit rating activities & high levels of #InvestorProtection→http://europa.eu/!CY36nT

🐦🔗: https://nitter.eu/ESMAComms/status/1531985048055980032