London, January 21, 2019 – ARC Ratings (ARC) has published its Market Focus Report – Structured Finance – Market Outlook 2019.
The report provides ARC’s outlook for Structured Finance in 2019 and comments on the recently introduced European Union Securitisation Regulations. ARC’s expansion into the European rating market continued in 2018 and will continue in 2019, based on a twin strategy of offering superior service levels and a lower fee structure (relative to the “Big 3” Credit Rating Agencies (CRA)). Crucially, ARC has been accorded the same ECAI mapping as the Big 3 ‘CRAs’ and its ratings can thus be used for capital relief purposes under the standardised and rating based approach, as well as under Solvency II. Over the past 12 months the twin strategy and the ECAI mapping has supported ARC in procuring over 80 new Structured Finance rating mandates across Europe. ARC has been accepted as an eligible CRA by a number of leading London-based and international banks including Barclays, HSBC, RBS, NatWest, Lloyds, BNP Paribas, Santander, ING and Goldman Sachs.