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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Sy, Amadou
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2009.
Sarja:IMF Working Papers; Working Paper ; No. 2009/129
Linkit:Full text available on IMF