Europe aims to set the credit rating rules

The European Securities and Markets Authority (ESMA) warns US credit ratings agencies that they will need to play by EU rules if they want a license to continue operating within the European Union

ESO: Background information: SEC and EU in talks to resolve ratings impasse http://www.europeansources.info/record/sec-and-eu-in-talks-to-resolve-ratings-impasse/

ESO: Background information: The curse of credit rating agencies http://www.europeansources.info/record/the-curse-of-credit-rating-agencies/

Website: European Securities and Markets Authority (ESMA) http://www.esma.europa.eu/

ESMA: Credit Rating Agencies http://www.esma.europa.eu/index.php?page=groups&mac=0&id=43

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