ESMA calls for legislative changes to improve access to and use of credit ratings

CRAs

Date: 01 October 2021
On 30 September 2021, the European Securities and Markets Authority (ESMA), published an Opinion on how access to and use of credit ratings can be improved in the EU. In the Opinion ESMA highlights the difficulties experienced by users of credit ratings and recommends that the legislators amend the CRA Regulation or take alternative legislative action to address these.