ESMA Approves Economist Intelligence Unit As A Credit Rating Agency

The European Securities and Markets Authority (ESMA) has formally approved the registration of the Economist Intelligence Unit (EIU), based in the United Kingdom, as a credit rating agency (CRA) under Article 16 of the CRA Regulation. The registration takes effect from 3 June 2013.

EIU’s registration as a CRA means that its credit ratings can be used for regulatory purposes under EU legislation.

Public statement 2013/630