The European Parliament today voted in favour of a new regulation that will force credit rating agencies (CRAs) to comply with minimum standards of good practice and transparency.
EU Parliament releases a draft report with amendments for Solvency II
More European parliament articles
The European parliament may be set to tighten the regulation of credit rating agencies after a paper from the parliament's Committee on Economic and Monetary Affairs emphasised the growing significance of rating agencies in the financial systems and securities...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
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