European Association of Credit Rating Agencies
Acronym: EACRA
General Information
Identification Code: 24205924101-57
Website: [object Object]
Entity Form: Association
Registration Category: Trade and business associations
Registration Date: 8/31/2010
Last Update: 9/6/2023
EP Accredited Number: 0
Mission & Interests
Goals: Rating agencies have very different business models, some provide solicited ratings other unsolicited ones. Some ratings are public, others are only private. Finally rating agencies might be involved only in specific markets or locations.
In consideration of this diversity of business models, the association will be a platform of cooperation for European Credit Rating Agencies (“CRA”). The purposes are the promotion of Credit Ratings across Europe and the promotion of the interests of the European Credit Rating Agencies.
Objectives of the association include without limitations:
a) Promote the interests of the CRA’s in the context of legislative measures and the communication with the relevant stakeholders (eg regulators, supervisors, market operators and the financial community as a whole)
b) Enhance the understanding and the functioning of Credit Ratings to the financial community and the general public
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
- Banking and financial services
- Business and industry
- Competition
- Consumers
- Digital economy and society
- Economy, finance and the euro
- Single market
Levels of Interest:
- european
Activities
Main EU Legislative Proposals: EACRA focus lies on all regulatory developments linked to the Credit Rating Agencies Regulation and on the use of these credit ratings in other areas of legislation.
Communication Activities: EACRA regurlarly responds to public consultations relating to Credit Rating Agencies. Our "positions paper" are publicly available at our website.
Inter-institutional or Unofficial Groupings: N/A
Head Office
Address: Avenue de la République, 84
Post Code: 75011
City: Paris
Country: FRANCE
Phone: [object Object]
EU Office
Address: Avenue de la République, 84
Post Code: 75011
City: Paris
Country: FRANCE
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Membership Information
Members10 Percent: 0
Members25 Percent: 0
Members50 Percent: 1
Members75 Percent: 0
Members: 1
Members F T E: 0.5
Structure
Structure Type: Structure
Is Member Of: As of Septembre 2023, EACRA represents 7 ESMA registered CRAs. In addition, EACRA rerpesents 2 CRAs registered or recognized according to national legislation in Switzerland and Turkey.
Our list of members is available at our website:
http://eacra.eu/members