The Capital Market Authority (CMA) license Standard and Poor’s Credit Market Services Europe Limited

Monday, October 17, 2016 at 3:10 PM

Mon Oct 17, 2016 15:10

As part of CMA's responsibility to supervise, regulate, and develop credit rating activities in the Kingdom, further to its announcement dated 21/9/1436H corresponding to 8/7/2015G, regarding the CMA starting receiving applications to conduct credit rating activity and based on the related provisions set out in the Credit Rating Agencies Regulation, the CMA Board of Commissioners has  issued its resolution authorizing "Standard and Poor’s Credit Market Services Europe Limited" to conduct credit rating activites in the Kingdom.