EACT Comment on Latest EU Proposals for Regulation of Credit Rating Agencies, and ECON report

The EACT has commented on the latest EU proposals for regulation of credit rating agencies and the report of ECON in Parliament on these. The EACT believes that some of the measures proposed by the Commission would have material negative consequences on the use of ratings by corporate issuers, the real economy participants in the rating process. We emphasise once again how the financial regulatory agenda needs to take proper account of how end users in the real economy are impacted. Please click here to read the EACT Press Release discussing the European Commission's Proposals for Further Regulation of Credit Rating Agencies (PDF) Please click here to read the EACT paper providing in-depth comment on Credit Rating Agencies regulation (PDF)