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Contents > ESMA/2012/032 Speech by...
Page last published: 26 January 2012

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Europe
ESMA
The European Securities and Markets Authority
ESMA items issued in 2012
ESMA/2012/32 24 January 2012
Speech by Verena Ross at a public hearing organised by the Committee on Economic and Monetary Affairs of the European Parliament, 24 January 2012 in Brussels
Credit Rating Agencies: What are the next steps?

1. Introduction

Dear Vice-Chair, honourable Members of Parliament, Ladies and gentlemen,

First of all, thank you very much for inviting me today to outline ESMA's view on the new legislative proposal concerning credit rating agencies (CRAs).

Let me begin my short remarks by saying a few words about ESMA's current work on CRAs. ESMA is currently in the process of fully implementing the provisions of the amended Regulation on credit

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