EconPapers    
Economics at your fingertips  
 

Credit Rating Agencies

Jakob de Haan () and Fabian Amtenbrink

DNB Working Papers from Netherlands Central Bank, Research Department

Abstract: This paper critically reviews the debate on CRAs and, in the light thereof, analyses the European regulatory approach to CRAs, thereby combining insights from economics and law. We first provide some basic background on the function of CRAs. Thereafter, we focus on the two main tasks for which CRAs have come under criticism, namely the issuing of sovereign ratings and the rating of structured instruments. Finally, we zoom in on the question of whether and how CRAs should be regulated given their function, focusing on recent European legislation that aims to standardize the conduct of CRAs.

Keywords: Credit rating; regulation (search for similar items in EconPapers)
JEL-codes: G21 G18 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ban and nep-reg
Date: 2011-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10) Track citations by RSS feed

Downloads: (external link)
https://www.dnb.nl/binaries/Working%20Paper%20278_tcm46-246556.pdf (application/pdf)

Related works:
Chapter: Credit Rating Agencies (2011) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:dnb:dnbwpp:278

Access Statistics for this paper

More papers in DNB Working Papers from Netherlands Central Bank, Research Department Contact information at EDIRC.
Bibliographic data for series maintained by Richard Heuver ().

 
Page updated 2019-10-08
Handle: RePEc:dnb:dnbwpp:278