Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-299-875"

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"en.20110608.20.3-299-875"2
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"The resolution voted on today sets out a series of measures to reduce the current dependency on a very few ratings sources. As well as an increase in competition, these measures include greater and judicious use of internal credit ratings, particularly by large financial institutions that are capable of performing their own risk assessments. We were certainly somewhat divided on this subject during the initial phases, but in our final positions, we were substantially in agreement. Consensus was also reached on the issue of transparency, since I support the idea to oblige all registered rating agencies to conduct an annual review to assess their past credit rating performances, with this information then being passed on to the supervisor."@en1

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