Pan-European regulator the European Securities and Markets Authority (ESMA) is currently developing a strategy for increased supervision of credit rating agencies (CRAs), in response to complaints from market participants of unreasonable price rises and a lack of transparency around the CRAs’ pricing models.
Prior to the financial crisis, rating agencies were encouraged to follow the International Organization of Securities Commissions (Iosco) guidelines, a global set of standards. After the cr
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails