Regulatory affairs – Notifications

20 February 2024

The EIU has published its Transparency Report for the 2023 calendar year. 

8 February 2024

The EIU has published its Transparency Reports for the 2021 and 2022 calendar years.

18 December 2023

The EIU has published its Country Risk Service rating schedule for 2024 to include regulated reports only. A schedule of all rating reports, regardless of their regulatory status, is available here.

17 April 2023

We have identified and corrected an error in our data tool and data feeds related to the sovereign rating for Iraq. The rating as of March 2023 was previously incorrectly given as B, but has now been amended to CCC, consistent with the rating report published on March 10th, which was correct and is unchanged. We apologise for any confusion or inconvenience this may have caused.

15 March 2023

On 1 January 2023 Croatia adopted the euro and became the 20th member of the euro area. As a consequence, Country Risk ratings for Croatia will be based on the euro area variant of the Country Risk model, starting with the rating review scheduled on April 7th 2023. Please direct any queries or feedback to [email protected].

27 January 2023

The EIU has published its Country Risk Service rating schedule for 2023 to include regulated reports only. A schedule of all rating reports, regardless of their regulatory status, is available here.

20 December 2021

Tables in the CRS report for Yemen published on November 12th 2021 contained incorrect sovereign and currency risk ratings. These errors were identified on December 15th 2021, and a corrected report was published on December 17th 2021. There were no errors in the underlying risk scores, model or analysis. We apologise for any confusion or inconvenience this may have caused.

20 July 2021

The EIU has published its Transparency Report for the 2020 calendar year. It has also updated its description of ancillary services to reflect recent changes in its product offerings.

21 December 2020

The EIU has updated these pages to reflect the change in the regulatory status of the Country Risk Service as of December 31st 2020. Changes have been made to the pages on regulatory affairsrating publicationmethodologies and procedures, as well as to the Country Risk Service Handbook.

21 December 2020

The EIU has published its Country Risk Service rating schedule for 2021 to include regulated reports only. A schedule of all rating reports, regardless of their regulatory status, is available here.

15 September 2020

The EIU has updated the Country Risk Service Handbook, which describes the rating methodology. The new edition features an updated layout, clarification of aspects of the rating methodology, and an updated assessment of model performance. The new Handbook can be downloaded here.

27 December 2019

The EIU has published its Country Risk Service rating schedule for 2020 to include regulated reports only. A schedule of all rating reports, regardless of their regulatory status, is available here.

19 December 2018

Publication schedule 2019 [Discontinued. Available upon request]: The Country Risk Service rating schedule listed the dates in 2019 when new sovereign ratings and accompanying reports would be published, and the date when a country was first rated.

18 December 2017

Publication schedule 2018 [Discontinued. Available upon request]: The Country Risk Service rating schedule listed the dates in 2018 when new sovereign ratings and accompanying reports would be published, and the date when a country was first rated.

31 October 2017

Updated publication schedule 2017 [Discontinued. Available upon request]: The Country Risk Service rating schedule listed the dates in 2017 when new sovereign ratings and accompanying reports would be published, and the date when a country was first rated.

28 December 2016

Publication schedule 2017 [Discontinued. Available upon request]: The Country Risk Service rating schedule listed the dates in 2017 when new sovereign ratings and accompanying reports would be published, and the date when a country was first rated.

17 June 2016

The EIU has published its Transparency Report for financial year 2015-16, available here.

17 June 2016

The EIU has updated its disclosure on Compensation Policy

17 June 2016

The EIU has updated its disclosure on Conflicts of Interest.

17 June 2016

The EIU has updated its disclosure on Rated entities and related third parties that subscribe to ancillary services.

17 June 2016

The EIU has updated its disclosure on methodologies and procedures.

17 June 2016

The EIU has updated its disclosure on the publication of CRS reports and ratings.

2 June 2016

The EIU has updated its disclosure on Ancillary Services.

29 December 2015

Publication schedule 2016 [Discontinued. Available upon request]: The Country Risk Service rating schedule listed the dates in 2016 when new sovereign ratings and accompanying reports would be published, and the date when a country was first rated.

23 December 2014

Publication schedule 2015 [Discontinued. Available upon request]: The Country Risk Service rating schedule listed the dates in 2015 when new sovereign ratings and accompanying reports would be published, and the date when a country was first rated.

20 December 2013

Publication schedule 2014 [Discontinued. Available upon request]: The Country Risk Service rating schedule listed the dates in 2014 when new sovereign ratings and accompanying reports would be published, and the date when a country was first rated.

16 December 2013

In accordance with EU Regulation No 462/2013, as published in the Official Journal of the European Union L 146 of 2013, also known as CRA III, additional obligations in relation to sovereign ratings must also be met by a credit rating agency. These will include the following:

  • All new sovereign credit ratings shall include a detailed research report explaining all the assumptions, parameters, limits and uncertainties and any other information taken into account in determining that sovereign rating or rating outlook. That report shall be publicly available, clear and easily comprehensible.
  • For the purpose of new sovereign credit ratings issued by The Economist Intelligence Unit, such information has appeared, and will continue to appear, in the Country Risk Service reports.

In accordance with CRA III regulations, the following additional notifications are also being made:

  • The frequency of publication of new sovereign ratings and accompanying reports will be limited to no more than three times in a 12-month calendar year (January-December).
  • The publishing schedule (day and date) for new ratings reports for the subsequent 12 months will be disclosed by end-December of the preceding year on this website. Ratings reports in the subsequent year will always be published after the close of business of the trading venues established in the EU and at least one hour before their opening. All such reports will be published only on Fridays. (See Publication schedule here, for new country ratings for the current year.)
  • Irrespective of the announced frequency of updates, the EIU regularly monitors all of the countries covered by CRS and will publish a new rating outside of the scheduled dates if it deems that this is necessary in light of events.
  • New CRS ratings published outside of the announced schedule will be called “out of cycle” ratings.

3 June 2013

The European Securities and Markets Authority (ESMA) has formally approved the registration of the Economist Intelligence Unit (EIU), based in the United Kingdom, as a credit rating agency (CRA) under Article 16 of the CRA Regulation. The registration takes effect from 3 June 2013.

EIU’s registration as a CRA means that its credit ratings can be used for regulatory purposes under EU legislation.