As a follow up of the meetings held with rating agencies at the beginning of October and in order to obtain the necessary data to fulfil the European Commission’s new request to review the role of CRAs with regards to structured finance, on 14 November CESR sent a letter asking for additional information to the 4 CRAs which have agreed to be part of CESR’s voluntary framework.
CESR is publishing today the list of questions that has been submitted to the CRAs. Written responses from the CRAs have been requested by the end of November.