Credit Rating Agencies Regulation
From Open Risk Manual
Definition
Credit Rating Agencies Regulation (CRA Regulation) is the collective name for a number of European Union regulatory initiatives in the aftermath of the financial crisis of 2008.
- Regulation (EC) No 1060/2009 of the European Parliament and of the Council of 16 September 2009 on credit ratings agencies
- as amended by Regulation (EU) No 513/2011 of the European Parliament and of the Council of 11 May 2011
- Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011
- Regulation (EU) No 462/2013 of the European Parliament and of the Council of 21 May 2013, and
- Directive 2014/51/EU of the European Parliament and of the Council of 16 April 2014
