ECAIs play a significant role in the standardised approach and securitisation framework of prudential regulation through the mapping of each of their credit assessments to the corresponding risk weights. The EBA, together with ESMA and EIOPA, has been assigned the task of providing an objective mapping across all ECAIs in order to promote a consistent implementation of CRR across the EU. Importantly, the EBA will also contribute to the implementation of CRR2/CRDV and CRA 3 Regulation in assessing overreliance on ratings both by regulators and market participants through the publication of guidelines and reports in cooperation with ESMA and EIOPA, in line with the policy agreed by the Financial Stability Board.
Status: Final draft adopted by the EBA and submitted to the European Commission
The ECAIs listed below have been registered or certified in accordance with Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies or a central bank issuing credit ratings which are exempt from the application of Regulation (EC) No 1060/2009.
The lists are published by EBA in accordance with Article 135(2) of the Capital Requirements Regulation (CRR).