EC Statement on credit rating agencies

( March 10, 2011, 17:38 GMT | Official Statement) -- MLex Summary: The European Commission plans regulatory action to improve credit ratings on sovereign debt and prevent conflicts of interest, commissioners Michel Barnier for the internal-market and services and Olli Rehn for economic and monetary affairs said in a joint statement. The statement, issued after receiving a letter from the Greek finance minister, also pledged action to boost competition among credit rating agencies and reduce reliance on ratings....

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Prepare for tomorrow’s regulatory change, today

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