ARC Ratings is an international credit rating agency headquartered in London. [1] It was created to be an alternative to the big three North American rating agencies S&P, Moody's and Fitch. [2]
They are registered with the European Securities and Markets Authority [3] and the UK Financial Conduct Authority (FCA) [4] . Their main EU office is located in Lisbon and its Asia–Pacific business office is headquartered in Hong Kong. [5] [6]
In 1988, Companhia Portuguesa de Rating, S.A. was founded in Portugal, focusing on domestic assignments. [5]
In 2013, the company was renamed ARC Ratings, and a number of credit rating agencies joined forces into the new consortium:
In 2015, ARC Ratings moved from being a consortium to a main shareholder structure, and claims to compete as a rating agency globally against the Big Three credit rating agencies. [5]