The Joint Committee of the European Supervisory Authorities has published final draft implementing technical standards (ITS) on credit assessments by External Credit Assessment Institutions (ECAIs).

These ITS replace the Committee of European Banking Supervisors Guidelines on the recognition of External Credit Assessment Institutions, published on 20 January 2006 and reviewed on 30 November 2010, and also the existing mapping of ECAIs’ credit assessments issued by Member State competent authorities.

View ESAs define risk weights for credit ratings in the EU, 11 November 2015