Endorsement of UK-based CRAs and TRs in no-deal Brexit scenario

Topic area:
Status: 30.10.2020 |
Archived
Key words:
Brexit, External ratings
Initiative
Official name
Endorsement of credit ratings elaborated in the United Kingdom after end of transition period
Type
Comment
Level 3 / Other
Initiator
ESMA
Submitted
09.11.2018
Doc. code
ESMA33-5-857
Summary
Status
Status

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Current version
Updated version
27.10.2020
Next step
Entry into force and application
Entry into force

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Application date

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Scope
Relevant for

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Associated initiatives
Level 1
–
Level 2
–
Level 3 / Other
Preparations for a possible no-deal Brexit scenario (non-binding, EU)
Withdrawal of the registration of UK-based credit rating agencies and trade repositories (non-binding, EU)

Source: ESMA, ESMA33-5-857, 2020