Foreign Credit Ratings news and trends

EU Watchdog Regulates Use Of Foreign Credit Ratings

November 20, 2017
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EU Watchdog Regulates Use Of Foreign Credit Ratings

November 20, 2017
In the European Union, use of credit ratings that have their genesis outside the EU is about to get a little more stringent. Reuters reported that rating agencies operating “outside the bloc” must be “endorsed” by a credit rating agency that is in turn authorized by the European Securities and Markets Authority (ESMA). The “Big […]