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Europe Daily Bulletin No. 10740

29 November 2012
ECONOMY - FINANCE - BUSINESS / (ae) rating
Trilogue agreement on credit rating agency reform

Brussels, 28/11/2012 (Agence Europe) - On Tuesday evening 27 November, the European Commission, European Parliament and the Council announced that they had reached an agreement on new rules for the supervision of the credit rating agencies. The Commissioner in charge of the internal market, Michel Barnier, said that he was pleased with this agreement, which, “reduces excessive dependency on ratings, removes conflicts-of-interest and establishes a regime of civil...

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