The four agencies here are: Standard and Poor's, Fitch Ratings, Moody's and AM Best Asia Pacific.
EU financial services law includes around 40 areas for equivalence decisions. The aim, said the Financial Times, is to ensure that trading platforms, brokers and other companies based in non-EU financial centres can serve European clients as long as they undergo strong regulation and supervision.
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Singapore among 5 countries to be stripped of some EU market access rights this week: FTSINGAPORE (July 29): The European Commission will strip Singapore and four other countries of some market access rights this week, according to a Financial Times report citing a document. The European Commission will deem that Singapore, Canada, Brazil, Argentina and Australia no longer regulate credit
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EU to strip five countries, including Singapore, of some market access rights, FT saysNEW YORK (BLOOMBERG) - The European Commission will deem that Canada, Brazil, Singapore, Argentina and Australia don't regulate credit ratings agencies with the same rigour as the EU, the Financial Times reported on Sunday (July 28), citing a document.. Read more at straitstimes.com. All a sudden , many arrow shoot at our back
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EU to strip 5 countries, including Singapore, of some market access rights, says FT[NEW YORK] The European Commission will deem that Canada, Brazil, Singapore, Argentina and Australia do not regulate credit ratings agencies with the same rigour as the EU, the Financial Times reports citing a document. Read more at The Business Times.
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