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Europe Daily Bulletin No. 10744

5 December 2012
ECONOMY - FINANCE - BUSINESS / (ae) credit ratings
EU27 agrees on reform of credit rating agencies

Brussels, 04/12/12 (Agence Europe) - On Tuesday 4 December, the Cypriot Presidency told EU27 finance ministers that the three-way talks since the summer on reform of credit rating agencies had culminated in an agreement on 27 November (see EUROPE 10740). The European Commission, the European Parliament and the Council of Ministers have agreed on rules that will require rating agencies to be more open and competitive, with fewer conflicts of interest. The rules will also mean less reliance on...

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ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
BUSINESS NEWS NO 42