Financial Regulatory Forum

ANALYSIS-After hardball, Greece gets EU solidarity pledges

December 12, 2009

EU High Representative for Foreign Affairs Catherine Ashton (L) poses with Greek Prime Minister George Papandreou during a European Union leaders summit in Brussels December 10, 2009.  REUTERS/Yves Herman By Brian Love, European Economics Correspondent

PARIS, Dec 11 (Reuters) – Reassuring noises from France and Germany suggest Greece can ultimately count on help from its euro zone partners if its debt problems get out of hand — though its partners were content to see financial markets scare Athens for a while.

EU ratings register would boost competition-banks

August 12, 2009

    By Huw Jones
   LONDON, Aug 12 (Reuters) – Financial firms said European Union plans for comparing credit rating agencies would boost competition and increase investor power, documents from the bloc’s regulators showed on Wednesday.

U.S. Treasury sends credit-rating regulation bill to Congress

July 21, 2009

WASHINGTON, July 21 (Reuters) – The U.S. Treasury Department sent a draft bill to Congress that would prevent credit rating agencies from consulting for the companies they evaluate, and said it hoped new disclosure and conflict-of-interest rules will curb the agencies’ power. (more…)

US SEC mulls ways to rely less on credit ratings

July 14, 2009

U.S. Securities and Exchange Commission Chairman Mary SchapiroWASHINGTON, July 14 (Reuters) – U.S. securities regulators are looking at ways to rely less on credit ratings, Securities and Exchange Commission Chairman Mary Schapiro told lawmakers on Tuesday. (more…)