![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWSwkmjRXid1rwb1PeacMaYtDekXr0d2C_x5G69N9lGOaBts9fpBY8MBIxfOdMT8ioQUj3X4-CyT4BhuDTjr8MgEwv8gu_haOQ9E3s-KWRBxVQnOnHxvPXS4Bc7aVFVxvBvjCxBNC6i2V9/s1600/europeflg.gif)
The
European Securities and Markets Authority - the European Supervisory Authority with direct supervisory responsibility for credit rating agencies in Europe - has, for the first time, issued a public notice censuring two credit agencies (Standard & Poor’s Credit Market Services France SAS and Standard & Poor’s Credit Market Services Europe Limited) for breaches of the
Credit Rating Agency Regulation (1060/2009): see
here (
pdf).
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