Overview
The the Organisation for Economic Co-operation and Development (OECD) is an international organisation based in Paris. It's mission is to promote policies that will improve the economic and social well-being of people around the world. Within the framework of the OECD, ECA's from some participating countries agreed to the OECD Arrangement on Guidelines for Officially Supported Export Credit in order to determine together a minimum country risk classification.
Registration: The OECD is an international organization. Participants to the OECD Arrangement are official Export Credit Agencies (“ECA”). According to the Article 2 (2) c of the EU Regulation on CRAs, ECA’s don’t need to register with ESMA as CRA.
Within the framework of the OECD Arrangement, the participating ECA's agreed on a common minimum Country Risk Classification and thereby set a collectiv Minimum Export Insurance Premium ("MEIP"). Each participating ECA may, based on its own experience, assign a higher Country Risk Classification.
Availability of ratings and reports: While the OECD publishes the prevailing Country Risk Classification, no further reports are available.
We are republishing the Country Risk Classification within the OECD Arragement in order to contribute to more transparency and to provide an additional source of assessment.
Please note the following disclaimer from the OECD: The country risk classifications of the Participants to the Arrangement on Officially Supported Export Credits are one of the most fundamental building blocks of the Arrangement rules on minimum premium rates for credit riskThey are produced solely for the purpose of setting minimum premium rates for transactions supported according to the Arrangement and they are made public so that any country that is not an OECD Member or a Participant to the Arrangement may observe the rules of the Arrangement if they so choose. Neither the Participants to the Arrangement or the OECD Secretariat endorse nor encourage their use for any other purpose.
RATINGPLATFORM will monitor this country risk classification and will update information available at this site as soon as possible. In case of discrepancies between the information between RATINGPLATFORM and the information available at the OECD website, the information at the OECD website prevails.