RATINGTICKER
Source Issuer Rating
AA_DE HALLESCHE Krank.. A+
JCRER Ak Faktoring A... B
AA_DE ALTE LEIPZIGER .. A+
OECD Croatia 4
OECD Iran 5
NEWS
JCRER - 2018-03-15
JCR Eurasia Rating has affirmed the credit ratings of Ak Faktoring A.Ş. and “Cash Flows arising from Bond Issuances” as ‘BBB+ (Trk)’ on the Long Term National Scale and A-2 (Trk) on the Short Term Nat

JCRER - 2017-09-29
JCR Eurasia Rating has reaffirmed the credit ratings of the consolidated structure of “Boyner Perakende ve Tekstil Yatırımları Anonim Şirketi and its Subsidiary “and “Cash Flows Relating to the Outsta

JCRER - 2017-09-29
JCR Eurasia Rating has reviewed and affirmed the credit ratings of T.C. Ziraat Bankası A.Ş. and its Consolidated Structure as ‘AAA (Trk)’ on the Long Term National scale and ‘BBB-‘ on the Long Term In

Regulatory use - Asia Pacific

The above graph is a simplified presentation - it mentions all CRAs head-quartered in the Asia Pacific region. Note that some agencies may be registered in several countries and that CRAs from other regions may be equally be recognized. We have retained from mentioning all as this would overcharege the graph. 

 

 

Hong Kong

Legal framework

The regulatory regime governing CRAs operating in Hong Kong became effective on 1 June 2011 under the supervision of the Securities & Futures Commission of Hong Kong ("SFC")

Registered players

According to the SFC website  (update October 10th, 2012), the following companies have a Type 10 (“providing credit rating services”) license:

List of credit rating agencies in Hong Kong

Relation with European Union

On March 15th, ESMA announced that EU-registered CRAs may endorse credit ratings issued in Hong Kong.

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Japan

The Financial Services Agency of Japan (“FSA Japan”) is the supervisor of CRAs in Japan.

Registered Credit Rating Agencies:

Currently registered are the following companies

List of Credit rating agencies in Japan

Source: http://www.fsa.go.jp/en/regulated/licensed/cra.pdf

The Japanese regualtory regime on CRAs is equivalent to the European framework

 

Singapore

Currently registered with the Monetary Authority of Singapore (“MAS”) are the following companies:

  1. A.M. Best Asia-Pacific (Singapore) PTE. LTD.
  2. Fitch Ratnigs Singapore PTE Ltd
  3. Moody’s Investors Services Singapore PTE Ltd
  4. Standard & Poor’s Singapore PTE ltd.

 

Relation with European Union

On March 15th, ESMA announced that EU-registered CRAs may endorse credit ratings issued in Singapore. In July 2012, ESMA and the Monetary Authority of Singapore (“MAS”) entered into a Memorandum of Understanding regarding the cooperation of competent authorities for the supervision of Credit Rating Agencies.