|
|
On 18 June 2024, PensionsEurope answered to the ESMA’s consultation paper on the proposed revisions to the Commission Delegated Regulation No 447/2012 and to Annex I of the Credit Rating Agencies Regulation (CRAR).
In our answer, we explain that we broadly agree with the amendments proposed by ESMA. However, we still highlight that credit rating agencies should provide more detailed explanations about their methodological approach, rather than only identifying them.