Esma Warns Credit Rating Agencies Over Fees

Report says credit rating agencies are not providing enough clarity on the fees they charge.

Esma

In the report—which took a little over a year to compile—Esma says it is difficult for clients of credit rating agencies to understand the reasons behind fee levels. The regulator says it has concerns that there is no apparent link between the fees charged by rating agencies and the costs involved in actually calculating and providing the ratings.

The report also questions practices by trade repositories, saying that they must show how their fees are driven by costs. Esma currently authorizes

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

FCA declines to directly regulate market data prices

A year-long investigation by the UK regulator to determine whether competition is hindered in the wholesale data markets has concluded with its decision not to directly regulate much-maligned data pricing and licensing structures.

How GenAI could improve T+1 settlement

As well as reducing settlement failures, researchers believe generative AI can provide investment managers with improved research, prioritization, and allocation resources.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here