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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Bibliografiska uppgifter
Huvudupphovsman: Sy, Amadou
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2009.
Serie:IMF Working Papers; Working Paper ; No. 2009/129
Länkar:Full text available on IMF