2 Amendments of Katerina BATZELI related to 2008/0217(COD)

Proposal for a regulation
Recital 25 a (new)

(25a) In view of the increasingly evident need for changes regarding monitoring, management and assessment in the financial services sector, it would be useful to consider the possibility of creating an independent European authority acting in an advisory capacity as the principal credit rating body at European level.

2009/02/18
Committee: ECON

Katerina BATZELI

Proposal for a regulation
Recital 25 b (new)

(25b) For the purpose of establishing a regulatory framework at EU level regarding the issuing of credit ratings with the purpose of increasing the level of investor confidence and consumer protection credit rating agencies should be required to base their methods on uniform joint criteria, including compliance with International Financial Reporting Standards, and, for rating purposes, to distinguish between individual companies and groups of companies.

2009/02/18
Committee: ECON

2 Amendments of Katerina BATZELI related to 2008/0217(COD)

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