REGULATION OF THE ACTIVITIES OF INTERNATIONAL RATING AGENCIES
Keywords:
credit rating, rating agency, financial markets, regulationAbstract
Having in mind the great importance and influence of the international rating agencies, the article emphasizes the necessity and opportunities for regulation of their activity. In this connection are identified main institutions and instruments, intended to perform this function before and after the financial crisis in 2009.
References
Cound, J., St. Fisher, Reform of Credit Rating Agency Regulation in Europe: An End-investor Perspective. Available from: https://www.treasury-management.com/article/4/233/1947/ (reform-of-credit-rating-agency-regulation-in-europe-an-end-investor-perspective.html. Accessed 17th February 2019
CRISISRESPONSE. Public policy for the private sector. October 2009, Note Number 8, p.2/Credit Rating Agencies) 2009.
Study on the State of the Credit Rating Market Final Report. MARKT/2014/257/F4/ST/OP. European Union, January 2016, pp. 6-7.
