The European Securities and Markets Authority has published for consultation its proposed Regulatory Technical Standards for credit rating agencies: see here. These Standards contain the disclosure obligations and rules which such agencies will be required to meet within the framework established by Regulation (EC) Number 1060/2009 of the European Parliament and of the Council on credit rating agencies.
Wednesday, 21 September 2011
Europe: credit rating agencies - ESMA's proposed Regulatory Technical Standards
The European Securities and Markets Authority has published for consultation its proposed Regulatory Technical Standards for credit rating agencies: see here. These Standards contain the disclosure obligations and rules which such agencies will be required to meet within the framework established by Regulation (EC) Number 1060/2009 of the European Parliament and of the Council on credit rating agencies.
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