OREANDA-NEWS. Fitch Ratings today commented on the European Securities and Markets Authority (ESMA) public notice and censure against its London-based Fitch Ratings Limited unit regarding the company's European sovereign ratings process between 2010 and 2013.

"We are pleased to put this matter behind us as it's been several years since these infringements occurred. While none of these infringements ultimately impacted the outcome of our ratings, Fitch subsequently examined and further enhanced its processes to better avoid such infringements. We look forward to working constructively with ESMA and our other regulators around the world to ensure the continued transparency and integrity of Fitch's ratings and rating process."