generated: '2026-07-19'
method: searched
source: https://www.kbra.com/regulatory/certifications-and-recognitions
notes: >-
  KBRA publishes no API, so there are no API-protocol conformance claims
  (OAuth2/OIDC/OData/JSON:API/RFC 9457 etc.) to assert. What KBRA does publish
  is an extensive credit-rating-agency regulatory registration and recognition
  program, captured here as the provider's compliance surface.
api_standards: []
regulatory_registrations:
- id: sec-nrsro
  name: Nationally Recognized Statistical Rating Organization (NRSRO)
  authority: U.S. Securities and Exchange Commission
  jurisdiction: United States
  conforms: true
  registered: '2008-02-11'
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions
- id: naic-crp
  name: Credit Rating Provider (CRP)
  authority: National Association of Insurance Commissioners
  jurisdiction: United States
  conforms: true
  registered: '2012-07-01'
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions
- id: esma-cra
  name: Registered Credit Rating Agency under Regulation (EC) No. 1060/2009
  authority: European Securities and Markets Authority
  jurisdiction: European Union
  entity: Kroll Bond Rating Agency Europe Limited
  conforms: true
  registered: '2017-11-13'
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions
- id: fca-cra
  name: Registered Credit Rating Agency
  authority: UK Financial Conduct Authority
  jurisdiction: United Kingdom
  entity: Kroll Bond Rating Agency UK Limited
  conforms: true
  registered: '2023-02-10'
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions
- id: eba-ecai
  name: External Credit Assessment Institution (ECAI)
  authority: European Banking Authority
  jurisdiction: European Union
  conforms: true
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions
- id: pra-ecai
  name: External Credit Assessment Institution (ECAI)
  authority: UK Prudential Regulation Authority
  jurisdiction: United Kingdom
  conforms: true
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions
- id: osfi-ecai
  name: External Credit Assessment Institution (ECAI)
  authority: Office of the Superintendent of Financial Institutions
  jurisdiction: Canada
  conforms: true
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions
- id: osc-dro
  name: Designated Rating Organization (DRO), Structured Finance
  authority: Ontario Securities Commission
  jurisdiction: Canada
  conforms: true
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions
- id: twfsc-qra
  name: Qualified Rating Agency
  authority: Financial Supervisory Commission
  jurisdiction: Taiwan
  conforms: true
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions
- id: usda-rus
  name: Recognized rating agency
  authority: USDA Rural Utilities Service
  jurisdiction: United States
  conforms: true
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions
- id: dol-erisa
  name: Rating agency exemption under ERISA / IRC provisions
  authority: U.S. Department of Labor
  jurisdiction: United States
  conforms: true
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions
- id: dot-tifia
  name: Accepted rating agency for TIFIA
  authority: U.S. Department of Transportation
  jurisdiction: United States
  conforms: true
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions
- id: gse-accepted
  name: Accepted rating agency in seller/servicer guides
  authority: Fannie Mae and Freddie Mac
  jurisdiction: United States
  conforms: true
  evidence: https://www.kbra.com/regulatory/certifications-and-recognitions