European Securities and Markets Association Publishes Call for Evidence on Credit Rating Information and Data03/30/2020The European Securities and Markets Authority has published a call for evidence on credit rating information and data, the purpose of which is to understand the activities of those who use credit ratings.
In doing so ESMA wants to identify each users' requirements of credit ratings information, including:
- the format of the information;
- the frequency with which the information is required; and
- the scope.
ESMA also aims to understand why users prefer to rely on paid-for third-party providers, rather than rely on the freely published information provided by the European Rating Platform.
While the call for evidence is open to all interested parties, the call contains questions specific to:
- users and potential users of credit ratings;
- credit rating agencies; and
- distributors of credit ratings.
Comments should be submitted by ESMA by August 3, 2020.
View ESMA's Press Release.
View ESMA's Call for Evidence on Availability and use of credit rating information and data.
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