Date: 5th October 2016
Author:
Type: In the news
On 15 January 2013 the European Parliament debated a legislative proposal to strengthen accountability among Credit Rating Agencies. The proposed model consists of greater transparency by ensuring more competition and calling for stricter rules on civil liability and conflict of interests. PES President Sergei Stanishev underlined that; “this legislative proposal sends a strong political statement: democracy and transparency must be the benchmark by which we evaluate the Credit Rating Agencies".
Read the full article here. (Source: Party of European Socialists)
Read the full report on the proposal for a regulation of the S&D Rapporteur Leonardo Domenici here.