ESMA clarifies endorsement of UK credit ratings in case of a no-deal Brexit


Date: 29 March 2019

On 15 March 2019, the European Securities and Markets Authority (ESMA) issued a statement which sets out the implications for credit rating agencies (CRAs) based in the United Kingdom (UK), including the endorsement of UK credit ratings, should the UK withdraw from the European Union (EU) without a withdrawal agreement (no-deal Brexit).

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