Challenges in Comparing CRA Market Shares for 2022 and 2021

The landscape of Credit Rating Agency (CRA) market shares for the years 2022 and 2021 presents a complex scenario, marked by challenges in making direct year-on-year comparisons. Several factors contribute to the intricacies of comparing these market shares, and it is crucial to understand these nuances for a comprehensive assessment.

In conclusion, the comparison of CRA market shares for 2022 and 2021 is fraught with challenges stemming from regulatory changes, exits and entries of entities, methodological adjustments, financial reporting variances, market dynamics, and transparency issues. Stakeholders and analysts should approach such comparisons with caution, taking into account the specific contextual factors influencing each reporting period. Acknowledging these challenges is essential for an accurate and informed interpretation of the evolving landscape of credit rating agency market shares.