1st Edition

Regulation and the Credit Rating Agencies Restraining Ancillary Services

By Daniel Cash Copyright 2019
182 Pages
by Routledge

182 Pages
by Routledge

182 Pages
by Routledge

This book examines the transgressions of the credit rating agencies before, during and after the recent financial crisis. It proposes that by restricting the agencies’ ability to offer ancillary services there stands the opportunity to limit, in an achievable and practical manner, the potentially negative effect that the Big Three rating agencies – Standard & Poor’s, Moody’s and Fitch – may... Read more

Acknowledgments



Introduction



1   A Primer on the Credit Rating Domain



2   The Divergence Between the Actual and the Desired



3   Why the Agencies Transgress and What Allows Them to Do It



4   Tried and Failed



5   The Issue of Ancillary Service Provision



6 A Reform Proposal



Conclusion



Index

Biography

Daniel Cash is a lecturer in law at Aston University, UK.