As the United Kingdom withdrew from the European Union end of January 2020 and that the transition period ended end December 2020, we have updated our site to cover Credit Rating Agencies registered in the United Kingdom and registered with the FCA.
Additionally, we have updated the information relative to the European Union, where ESMA has withdrawn the registration of UK based entities.

Base on regulatory disclosures applicable in the European Union and the United Kingdom, we have compiled our cross-agency calendar of scheduled rating reviews for 2021.

On December 14th, ESMA published its yearly market shares report for ESMA registered credit rating agencies.
According to ESMA, based on revenues, S&P Global Ratings has 40,40% market share, Moody's 33,12% and Fitch 17,55%.

Effective October 16th, 2020, the Country Risk Classification of the Participants to the Arrangements on Officially Supported Export Credit within the framework of the OECD was modified as follows:
- Aruba: from 4 to 5
- Bahamas: from 3 to 4
- Suriname: from 6 to 7.

We have updated our Country Regulatory page relating to India.

Inda has a well developed rating market with 7 registered agencies generating approximaterly EUR 110 mln in revenues in 2019.
Based on the probability of default benchmarks per rating catergory used in India, we have derived an indicative mapping of Indian local scale ratings to the international rating scale.
Additionally, for our registered users, we provide information on the Indian rating market and market shares based on regulatory disclosures as of March 2020.

On June 25th, 2020, the OECD has published updated Country Risk Classification with the following changes: :

Botswana: from 2 to 3
Costa Rica: from 3 to 4
Ecuador: from 6 to 7
Hong Kong: from 2 to 3
Maldives: from 6 to 7
Mongolia: from 6 to 7
Namibia: from 5 to 6

Based on the Sovereign rating calendars of ESMA registered Credit Rating Agencies, we have published today a single report covering all rating actions.

On October 28th, 2016, the OECD Country Risk Classification was updated as follows:

- upgrades:
Argentina: from 7 to 6
Honduras: from 6 to 5
Togo: from 7 to 6

- downgrades:
Brazil: from 4 to 5
Trinidad and Tobago: from 2 to 3

- new classification was assigned to:
Belize: 7
Guyana: 6

On June 24th, 2016, the Country Risk Classification of the Participants to the OECD Arrangement on Officially Supported Export Credits was updated. The following 7 changes occured:
- Angola: from 5 to 6
- Iran: from 7 to 6
- Namibia: from 3 to 4
- Nigeria: from 5 to 6
- Papua New Guinea: from 5 to 6
- Seychelles: from 7 to 6
- Zambia: from 5 to 6

Based on the Transparency reports for the fiscal year 2014 of ESMA registered Credit Rating Agnecies, we provide to our registered users an estimate of current market shares in the EU.