ARC Ratings is a credit rating agency that has been registered with ESMA since 2011 and therefore meets the conditions to be an eligible credit assessment institution (ECAI) and is accorded the same ECAI mapping as the larger CRAs, thus ensuring its ratings can be used for capital relief purposes under the standardised and rating based approach, as well as under Solvency II. ARC Ratings, S.A. is registered as a Credit Rating Agency with the European Securities and Markets Authority (ESMA) and ARC Ratings (UK) Limited is registered as a Credit Rating Agency with the United Kingdom Financial Conduct Authority