On Tuesday, the European Union’s markets watchdog, the European Securities and Markets Authority (ESMA) said, it has fined Moody’s $4.35 million (3.7 million euros) for breaching rules which includes failure to disclose conflicts of interests. “All of the breaches resulted… Read More ›
European Securities and Markets Authority
European Securities and Markets Authority wants no disruption to UK clearing houses
Irrespective of whether negotiators and lawmakers manage to hammer out a Brexit deal, the European Securities and Markets Authority (ESMA) wants no disruption to central clearing. On Friday, in a significant development, the European Securities and Markets Authority (ESMA) stated,… Read More ›
Scope acquires Feri Eurorating
The acquisition will boost EU’s position in market dominated by 3 US Market rating agencies. In a strategic development, two rating agencies in Germany who have a combined market share of less than 3%, are merging so as to increase… Read More ›