ARC Ratings
ARC Ratings is an international credit rating agency headquartered in London. It was created to be an alternative to the big three North American rating agencies S&P, Moody's and Fitch.
They are registered with the European Securities and Markets Authority and the UK Financial Conduct Authority. Their main EU office is located in Lisbon and its Asia–Pacific business office is headquartered in Hong Kong.
History
In 1988, Companhia Portuguesa de Rating, S.A. was founded in Portugal, focusing on domestic assignments.In 2013, the company was renamed ARC Ratings, and a number of credit rating agencies joined forces into the new consortium:
- Credit Analysis and Research Limited from India, the second largest credit rating agency in India
- Global Credit Rating Company Limited from South Africa, the largest credit rating agency in Africa
- Malaysian Rating Corporation Berhad from Malaysia
- SR Rating Group from Brazil