2021-03-12

Added · Updated

Guidelines On Disclosure Requirements Applicable to Credit Ratings

ESMA establishes disclosure requirements for EU credit rating agencies regarding the publication of credit ratings, rating outlooks, methodologies, and models. The guidelines mandate that press releases or reports accompanying these disclosures include specific elements such as endorsement status, solicitation details, analyst information, methodology links, and scenario analysis. For ratings influenced by ESG factors, agencies must explicitly identify these drivers, explain their materiality, and provide links to relevant guidance. These guidelines apply to credit rating agencies registered with ESMA under Regulation (EC) No 1060/2009.

European Securities and Markets Authority logo

European Union

European Securities and Markets Authority

Click to view full text

More like this from ESMA

We email you every new ESMA publication the day it's published.

Share