15 March 2012: ESMA allows EU-registered CRAs to endorse credit ratings issued in the US, Canada, Hong Kong and Singapore
Posted by mostafa on 15 March, 2012
No comments yet
This item was filled under General
The European Securities and Markets Authority (ESMA) has announced that after its assessment of the regulatory frameworks for credit rating agencies (CRAs) of the U.S., Cananda, Hong Kong and Singapore it has concluded that it considers these frameworks to be in line with European rules.