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...
Yazar: | |
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Materyal Türü: | Dergi |
Dil: | English |
Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2009.
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Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2009/129 |
Online Erişim: | Full text available on IMF |