EuroRating - regulatory affairs

Until June 2024 EuroRating Sp. z o.o. was registered as a credit rating agency authorized to assign public credit ratings in the European Union (in accordance with the Regulation of the European Parliament and of the Council No. 1060/2009 on credit rating agencies) and was under the supervision of the European Securities and Markets Authority (ESMA)

Due to the constantly growing regulatory burden in the European Union regarding capital markets and credit rating agencies in recent years, which was associated with an excessive increase in regulatory costs, EuroRating has filed a request with ESMA to withdraw the company's registration as a credit rating agency authorized to issue public credit ratings in the EU. At the company's request, ESMA issued a decision to withdraw EuroRating's formal registration in the EU. This decision came into effect on June 18, 2024.

After the company's resignation from the formal registration in the EU, EuroRating continues to operate as a credit rating agency, offering private credit ratings (one-off and monitored), which are not subject to the regime of the Regulation No. 1060/2009 and do not require registration of a credit rating agency in the EU.