Brussels, 15/12/2010 (Agence Europe) - Following the recommendations of rapporteur Jean Paul Gauzès (EPP, France), the European Parliament recently approved by 611 to 15 (and 26 abstentions) amendments to make direct supervision of credit ratings agencies possible. Supervision will be carried out by the European Securities and Markets Authority (ESMA), which will be able to fine agencies up to 20% of their turnover. In its proposal, the European Commission gave itself the power to fine...