MEPs have signed off on a deal aimed at tightening regulation of credit rating agencies, ending over one year of tortured negotiation between deputies and national governments.
The European Parliament on Wednesday (16 January) voted in favour of a cross-party compromise text agreed in November which is aimed at preventing conflicts of interest, increasing competition, and reducing the reliance of businesses and governments on credit ratings.
Rating agencies have come under fire in...
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Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.