The Regulation of Credit Rating Agencies in the US and Europe: Historical Analysis and Thoughts on the Road Ahead
affiliation not provided to SSRN
July 15, 2009
A short overview of the regulation -or lack thereof- of Credit Rating Agencies across the US and Europe. The article focuses on the rationale behind the lack of regulation that has characterized credit rating agencies for so many years, and comments on some approaches that have been suggested at the aftermath of the 2008 financial crisis.
Number of Pages in PDF File: 12
Keywords: Credit rating agencies, De Larosiere Report, credit rating
Date posted: July 17, 2009