European Union: Indicative EU Market Shares for 2021

Article 8d of the EU Regulation on Credit Rating Agencies, requires issuers and related third parties intending to appoint at least 2 CRAs to consider appointing one “small” CRA (defined as having less than 10% market share measured against revenues). ESMA shall publish annually a corresponding market shares calculation. Based on the Transparency reports of […]

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