Thus far, regulatory interventions within the credit rating markets never have for ages been in a position to deal with these issues also to guarantee lending that is responsible

Thus far, regulatory interventions within the credit rating markets never have for ages been in a position to deal with these issues also to guarantee lending that is responsible

Most likely, exceptionally strict credit rating legislation may limit use of credit while increasing the borrowing prices for customers

The failure that is regulatory these areas over the EU results first and foremost from the not enough sufficient customer security requirements and enforcement failings during the Member State level. In the time that is same close attention is necessary to the part regarding the EU in ensuring such security, offered its harmonization efforts of this type together with major of reckless financing throughout the Union within the post-crisis duration. Continue reading