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In Order To Allow A Maximum Of Interested Parties To Provide Their Input To CESR's Questionnaire On The Rating Of Structured Finance Instruments, CESR Extends The Deadline For The Consultation To 20 August

Date 03/08/2007

As previously announced in its public statement (CESR 07-304), CESR is in the process of preparing its second annual report on the credit rating agencies’ (CRAs) compliance with the IOSCO Code of Conduct.

To this effect, CESR is publishing today a questionnaire regarding the rating of structured finance instruments. The purpose of this questionnaire is to enable CESR to gather information from interested parties on the functioning of this specific segment of the rating business.

To facilitate the participation in this consultation, CESR has divided the questionnaire in two sections; the first one is addressed to the credit rating agencies and the second one to all market participants. Nevertheless, CESR would welcome comments from anyone on the first section as well. The deadline for comments is 31 July 2007 and if specifically requested, respondents may submit their responses on a confidential basis.

Responses to the consultation can be provided online.

Consultation paper - Questionnaire on the rating of structured finance instruments

Response Form