Why the European Union ban on rating agencies is a dangerous precedence

Misheck Mutize ()
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Misheck Mutize: Graduate School of Business, University of Cape Town

Development Finance Agenda, 2022, vol. 7, issue 1, 8-9

Abstract: The European Union (EU) issued a directive banning the “top credit rating agencies from rating Russia and Russian firms as part of its sanctions package against Russia’s invasion of Ukraine”, failure of which they will risk losing their licenses to operate in the EU. Two different lenses unfairly used to focus on the same problem.

Date: 2022
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