Call for Evidence on Restricted Subscription and Private Credit Ratings

ESMA has launched a Call for Evidence to gather information on restricted subscription and private credit ratings. The consultation does not propose new rules but seeks input from stakeholders on current market practices, definitions, and potential issues in this area of credit rating activities.

Affected parties including credit rating agencies, investors, and financial institutions should review the consultation carefully and consider submitting comments. This represents an early-stage opportunity to influence potential future regulatory developments in this area.