• The New Regulation on Credit Rating Agencies is published in the Official Journal of the European Union
  • December 2, 2009 | Author: Marco Crosignani
  • Law Firm: Cadwalader, Wickersham & Taft LLP - London Office
  • The wait is over. The EU Regulation (the “Regulation”) on credit rating agencies (“CRAs”) was published in the Official Journal of the European Union on 17 November 2009 and will become effective, subject to certain exceptions, on 7 December 2009. The Regulation represents a fundamental change in the regulatory landscape for CRAs, banks and other market participants investing in rated products in Europe.