Banking Litigation Notes
Tag: credit ratings agencies
Showing 2 out of 2 results
10 June 2014
Liability of credit rating agencies confirmed by Australian Appeal Court
The Full Federal Court in Australia has confirmed that, as a matter of Australian common law, a rating agency owes a duty of care to investors in a rated …
04 September 2013
A new statutory cause of action against credit rating agencies – inconsistent messages from Europe
On 31 May 2013, new European legislation was passed to amend the Regulation on credit rating agencies which was first introduced in the aftermath of the …