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EACRA press release on CRA III proposal

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EACRA calls for a more proportionate approach in regulating credit rating agencies

PRESS RELEASE Today the European Commission has unveiled its long-awaited proposal on Credit Rating Agencies (CRAs). This proposal is the third round of legislation on CRAs since 2008 and has to be seen within the current context of the sovereign debt crisis. Whereas an objective of the proposal is to increase competition in the rating […]