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Europe Daily Bulletin No. 10147

28 May 2010
Contents Publication in full By article 12 / 28
GENERAL NEWS / (eu) eu/internal market
Proposal due next week on rating agencies

Brussels, 27/05/2010 (Agence Europe) - Next week, Internal Market Commissioner Michel Barnier is to present the legislative proposal aimed at amending Regulation 1060/2009 relating to the activity of financial rating agencies. Foreseen in the current regulation, this revision should only concern the granting of power to the future European Security Markets Authority (EMSA) to supervise agencies established in the European Union. At this stage, the question of competition on the rating market...

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