the legislative initiative made these agencies subject to regulation and supervision and the clarified supervisory powers of the european securities and markets authority this reslles
While the first legislative initiative made these agencies subject to regulation and supervision and the second clarified the supervisory powers of the European Securities and Markets Authority (ESMA), this resolution advocates decreasing regulatory dependence on external ratings, structuring the industry in a competition framework and improving its business models in line with the criteria of the Financial Stability Forum.
the legislative initiative made these agencies subject to regulation and supervision and the clarified supervisory powers of the European Securities and Markets Authority this resolution advocates decreasing regulatory dependence on external ratings, the industry in a competition framework and improving its business models in line with the criteria of Financial Stability Forum.