The CNB starts publishing list of credit assessment agencies

Following the implementation of Basel II, the Czech National Bank will, pursuant to Article 12b of Act No. 21/1992 Coll., on Banks, as amended, keep a list of credit assessment agencies, in which it will enter agencies that have applied for entry and have satisfied the requirements laid down in the Act on Banks and other related regulations. This list is used for the purposes of calculating the capital requirements of relevant regulated entities. It will be gradually updated to include other agencies that meet the necessary requirements. The list is available in the “Financial market supervision” section of the CNB website. From the list you can go directly to detailed information on the scope of the credit assessments used and on the mapping of these assessments to credit quality steps. The data on credit assessment agencies are also included in the “Supervisory disclosure” subsection, which can also be found in the “Financial market supervision” section.