London, Lisbon 12 October 2016 – ARC Ratings is pleased to announce the approval and publication by the European Commission of its mapping tables for:
- Securitisation Positions, according to Commission Implementing Regulation (EU) 2016/1801;
- Corporate/Issuer Ratings, according to Commission Implementing Regulation (EU) 2016/1799; and
- Solvency Capital Requirements, according to Commission Implementing Regulation (EU) 2016/1800.
Crucially, ARC has been accorded the same mapping as the “big 3” CRAs and, therefore, ARC’s ratings can be used for capital relief purposes under the standardised and ratings based approach, as well as under Solvency II.
