The Systemic Regulation of Credit Rating Agencies and Rated Markets /

Credit ratings have contributed to the current financial crisis. Proposals to regulate credit rating agencies focus on micro-prudential issues and aim at reducing conflicts of interest and increasing transparency and competition. In contrast, this paper argues that macro-prudential regulation is nec...

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Xehetasun bibliografikoak
Egile nagusia: Sy, Amadou
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2009.
Saila:IMF Working Papers; Working Paper ; No. 2009/129
Sarrera elektronikoa:Full text available on IMF