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European Parliament To Scrutinize Credit Rating Agencies' Work And Sovereign Debt Ratings

Date 23/01/2012

How to resolve credit rating agencies' conflicts of interest, boost competition to supply ratings and ensure that sovereign debt is rated fairly will be the key issues debated by experts and MEPs at an Economic and Monetary Affairs Committee public hearing on Tuesday. Speakers will include ESMA Executive Director Verena Ross, Senior European Counsel at Fitch Ratings Susan Launi, and Japanese Credit Rating Agency CEO Makoto Utsumi.

The hearing aims to facilitate the committee work's on a legislative proposal to reform CRAs.

 You can watch the hearing live via EP Live through the link below.

Further information