EXHIBIT 21
SUBSIDIARIES OF THE REGISTRANT
LIST OF ACTIVE SUBSIDIARIES AS OF DECEMBER 31, 2008
U.S. Entities
| Name |
Jurisdiction | |||
| 1 | Moody’s Wall Street Analytics International LLC | California | ||
| 2 | Moody’s Wall Street Analytics, Inc. | California | ||
| 3 | Fermat Inc. | Delaware | ||
| 4 | MIS Quality Management Corp. | Delaware | ||
| 5 | Moody’s Advisors Inc. | Delaware | ||
| 6 | Moody’s Analytics, Inc. | Delaware | ||
| 7 | Moody’s Assureco, Inc. | Delaware | ||
| 8 | Moody’s Corporation | Delaware | ||
| 9 | Moody’s Credit Quotes Inc. | Delaware | ||
| 10 | Moody’s Evaluations Inc. | Delaware | ||
| 11 | Moody’s Investors Service, Inc. | Delaware | ||
| 12 | Moody’s Overseas Holdings, Inc. | Delaware | ||
| 13 | Moody’s Risk Services Corp. | Delaware | ||
| 14 | Moody’s Assurance Company, Inc. | New York |
Foreign Entities
| Name |
Jurisdiction | |||
| 15 | Moody’s Latin America Calificadora de Riesgo S.A. | Argentina | ||
| 16 | Fermat Australia Pty. Ltd. | Australia | ||
| 17 | MIS Funds Pty. Ltd. | Australia | ||
| 18 | Moody’s Analytics Australia Pty. Ltd. | Australia | ||
| 19 | Moody’s Credit Quotes Australia Pty. Ltd. | Australia | ||
| 20 | Moody’s Group Australia Pty. Ltd. | Australia | ||
| 21 | Moody’s Investors Service Pty. Ltd. | Australia | ||
| 22 | Fermat Finance SPRL | Belgium | ||
| 23 | Fermat International SA | Belgium | ||
| 24 | Fermatsa Servicosde Informatica LTDA. | Brazil | ||
| 25 | Moody’s America Latina Ltda. | Brazil | ||
| 26 | Moody’s Analytics do Brasil Ltda. | Brazil | ||
| 27 | Moody’s Central Europe (BVI) Ltd. | British Virgin Islands | ||
| 28 | Moody’s China (BVI) Ltd. | British Virgin Islands | ||
| 29 | Moody’s Dubai (BVI) Ltd. | British Virgin Islands | ||
| 30 | Moody’s Holdings (BVI) Ltd. | British Virgin Islands | ||
| 31 | Moody’s Indonesia (BVI) Ltd. | British Virgin Islands | ||
| 32 | Moody’s Investors Service (BVI) Ltd. | British Virgin Islands | ||
| 33 | Moody’s Israel Holdings, Inc. | British Virgin Islands | ||
| 34 | Moody’s Latin America Holding Corp. | British Virgin Islands | ||
| 35 | Moody’s South Africa (BVI) Ltd. | British Virgin Islands | ||
| 36 | Moody’s Analytics Canada Inc. | Canada | ||
| 37 | Moody’s Canada, Inc. | Canada | ||
| 38 | Fermat (Bejing) Software Co. Ltd. | China | ||
| 39 | Moody’s Investors Service Beijing, Inc. | China |
| MOODY’S 2008 ANNUAL REPORT FINANCIALS | 1 |
| Name |
Jurisdiction | |||
| 40 | Moody’s Software Development (Shenzhen) Ltd. | China | ||
| 41 | Moody’s Investors Service Cyprus Ltd. | Cyprus | ||
| 42 | Moody’s Central Europe A.S. | Czech Republic | ||
| 43 | Fermat FZ LLC | Dubai | ||
| 44 | Moody’s Analytics (DIFC) Limited | Dubai | ||
| 45 | Moody’s Middle East Ltd. | Dubai | ||
| 46 | Fermat SAS | France | ||
| 47 | Moody’s Analytics France SAS | France | ||
| 48 | Moody’s France S.A.S. | France | ||
| 49 | Moody’s Group France SAS | France | ||
| 50 | Fermat GmBH | Germany | ||
| 51 | Moody’s Analytics Deutschland GmbH | Germany | ||
| 52 | Moody’s Deutschland GmbH | Germany | ||
| 53 | Moody’s Group Deutschland GmbH | Germany | ||
| 54 | Moody’s Company Hong Kong Ltd. | Hong Kong | ||
| 55 | ENB Consulting (Asia) Limited | Hong Kong | ||
| 56 | Fermat Limited | Hong Kong | ||
| 57 | Moody’s Analytics Hong Kong Ltd. | Hong Kong | ||
| 58 | Moody’s Asia Pacific Ltd. | Hong Kong | ||
| 59 | Moody’s Investors Service Hong Kong Ltd. | Hong Kong | ||
| 60 | Moody’s Investment Co. India Pvt. Ltd. | India | ||
| 61 | PT Moody’s Indonesia | Indonesia | ||
| 62 | Moody’s Analytics Ireland Ltd. | Ireland | ||
| 63 | Moody’s Finance Company Ireland | Ireland | ||
| 64 | Fermat Limited | Israel | ||
| 65 | Midroog Ltd. | Israel | ||
| 66 | Moody’s Italia S.r.l. | Italy | ||
| 67 | Moody’s Analytics Japan KK | Japan | ||
| 68 | Moody’s Group Japan GK | Japan | ||
| 69 | Moody’s Japan Kabushiki Kaisha | Japan | ||
| 70 | Moody’s Interfax Rating Agency, Kazakhstan Ltd. | Kazakhstan | ||
| 71 | Fermat Co. Ltd. | Korea | ||
| 72 | Korea Investors Service, Inc. | Korea | ||
| 73 | Moody’s Investors Service (Korea) Inc. | Korea | ||
| 74 | MIS Cyprus Ltd. Luxembourg Branch | Luxembourg | ||
| 75 | Moody’s Group Luxembourg Sarl | Luxembourg | ||
| 76 | Moody’s Mauritius Holdings Inc. | Mauritius | ||
| 77 | Administración de Calificadora S.A. | Mexico | ||
| 78 | Moody’s de Mexico S.A. de C.V. | Mexico | ||
| 79 | Fermat S.p.z.o.o. | Poland | ||
| 80 | Moody’s Eastern Europe LLC | Russia | ||
| 81 | Moody’s Interfax Rating Agency Ltd. | Russia | ||
| 82 | ENB Consulting Asia (Singapore) Pte. Limited | Singapore | ||
| 83 | Fermat Private Ltd. | Singapore | ||
| 84 | Moody’s Analytics Singapore Pte. Ltd. | Singapore | ||
| 85 | Moody’s Asia-Pacific Group (Singapore) Pte. Ltd. | Singapore | ||
| 86 | Moody’s Investors Service Singapore Pte. Ltd. | Singapore | ||
| 87 | Moody’s Singapore Pte. Ltd. | Singapore | ||
| 88 | Moody’s Investors Service (South Africa) Pty. Ltd. | South Africa | ||
| 89 | Moody’s Investors Service Espana, S.A. | Spain | ||
| 90 | Moody’s Taiwan Corporation | Taiwan |
| 2 | MOODY’S 2008 ANNUAL REPORT FINANCIALS |
| Name |
Jurisdiction | |||
| 91 | Economy.com (UK) Ltd. | U.K. | ||
| 92 | Moody’s Holdings Ltd. | U.K. | ||
| 93 | Moody’s Investors Service Ltd. | U.K. | ||
| 94 | Moody’s Analytics UK Ltd. | UK | ||
| 95 | Moody’s Wall Street Analytics UK Ltd. | UK | ||
| 96 | Moody’s Interfax Rating Agency Ukraine LLC | Ukraine | ||
| 97 | ENB Consulting Ltd. | United Kingdom | ||
| 98 | Moody’s Finance Company UK Ltd. | United Kingdom | ||
| 99 | Moody’s Group UK Ltd. | United Kingdom |
| MOODY’S 2008 ANNUAL REPORT FINANCIALS | 3 |