Author (Person) | Tait, Nikki |
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Series Title | Financial Times |
Series Details | 13.11.08 |
Publication Date | 13/11/2008 |
Content Type | News |
The European Commission put forward a proposal on the 12 November 2008 for a Regulation on credit rating agencies. This proposal is part of a package of proposals to deal with the financial crisis and adds to Commission's proposals on Solvency II, Capital Requirements Directive, Deposit Guarantee Schemes and accounting. The new rules are designed to ensure high quality credit ratings which are not tainted by the conflicts of interest, which are inherent to the ratings business. |
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Subject Categories | Business and Industry |
Countries / Regions | Europe |