INTERNATIONAL: Reforms close in on rating agencies - Oxford Analytica

Report title: INTERNATIONAL: Reforms close in on rating agencies

from Oxford Analytica
1182 word report published Oct 29, 2009

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Abstract:

Washington and Brussels have both adopted regulatory reforms regarding credit rating agencies in the past year. However, further progress on US proposals is needed before comprehensive transatlantic approaches can be agreed.

Brief Excerpt:

INTERNATIONAL: Rating agency reform INTERNATIONAL: Reforms close in on rating agencies The US House Committee on Financial Services approved draft legislation yesterday to improve regulation of credit rating agencies. Washington and...

Source:

Oxford Analytica

Country / Region:

EU, International, United Kingdom, United States

Topic:

economy, debt, finance, government, investment, policy, reform, regulation

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Table of Contents:

GEOGRAPHIC REGIONS : EU, International, United Kingdom, United States

TOPICS : economy, debt, finance, government, investment, policy, reform, regulation

SIGNIFICANCE : Washington and Brussels have both adopted regulatory reforms regarding credit rating agencies in the past year. However, further progress on US proposals is needed before comprehensive transatlantic approaches can be agreed

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