ESMA Registers INC Rating Sp. z o.o. As A Credit Rating Agency

The European Securities and Markets Authority (ESMA), the EU’s direct supervisor of credit rating agencies (CRAs), has registered INC Rating Sp. z o.o. as a CRA under Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit rating agencies[1] (the CRA Regulation), with effect from 27 October 2015. INC Rating Sp. z o.o. is based in Poland and will operate in the sub-sovereign rating category, issuing solicited and unsolicited credit ratings on local government units.