CESR publishes two sets of consultations in the field of Credit Rating Agencies
17 May 2010
The first consultation focuses on assessing compliance of credit rating methodologies with the requirements set out in Article 8.3, the second deals with the enforcement of practices and activities conducted under Article 21.3(a) of the CRA regulation.
The purpose of the first consultation is to seek comments on the conclusions CESR has drawn for setting guidelines on common standards for assessing compliance of credit rating methodologies with the requirements set out in Article 8.3.
The second consultation seeks comments on the conclusions CESR has drawn for setting guidelines on enforcement practices applicable as part of ongoing supervision as well as on the interaction expected between CRAs and competent authorities.
Deadline for comments is 18 June.
© CESR - Committee of European Securities Regulators
