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Feed/COD2008/0217(COD)Finance & Budget

Credit rating agencies

COMCMT1R-EP1R-C2R-EPCNCADO
Updated 204mo ago
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This procedure concerns the regulation of credit rating agencies (CRAs) within the EU. It aims to ensure the reliability and accuracy of credit ratings, which are crucial for financial markets and investor confidence. The regulation seeks to enhance market transparency and reduce systemic risk.

The rules affect CRAs, financial institutions that use their ratings, and investors. It introduces requirements for governance, methodologies, and disclosure, promoting greater accountability and preventing conflicts of interest.