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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Chi tiết về thư mục
Tác giả chính: Sy, Amadou
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2009.
Loạt:IMF Working Papers; Working Paper ; No. 2009/129
Truy cập trực tuyến:Full text available on IMF