Brussels, 02/12/2010 (Agence Europe) - The European Parliament (EP) and Council reached a political agreement in principle on the draft regulation transferring supervision of ratings agencies to the new European Securities and Markets Authority (ESMA) in the evening of Wednesday 1 December at an informal trialogue meeting (see EUROPE 10262). “The text has been approved. We have an agreement,” EP rapporteur Jean-Paul Gauzès (EPP, France) told EUROPE. “It's a good agreement and just...