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Montevideo, October 3rd 2023 - 13:36 UTC

Tag: credit agencies ratings

  • Monday, July 29th 2019 - 09:57 UTC

    EU warns Argentina and Brazil on credit agencies ratings regulations

    Valdis Dombrovskis, EU commission vice-president told the FT that the decision on rating agencies set “some kind of a precedent for monitoring adherence”.

    The European Commission will deem that Canada, Brazil, Singapore, Argentina and Australia don't regulate credit ratings agencies with the same rigor as the EU, the Financial Times reported on Sunday, citing a document. The decision would withdraw some market access rights of the country, removing a status that makes it possible for European banks to rely on the ratings.