4 Amendments of Daniel DĂIANU related to 2008/0217(COD)
Amendment 146 #
Proposal for a regulation
Recital 13
Recital 13
(13) Long lasting relationships with the same rated entities or its related third parties could compromise independence of analysts and persons approvingand vigilance of credit rating agencies. Therefore those analysts and personcredit rating agencies should be subject to a rotation mechanism. Hence no entity should be able to use the same credit rating agency more than six years running.
Amendment 175 #
Proposal for a regulation
Recital 19
Recital 19
(19) Credit rating agenciMeasures should be take measures to avoidn to limit as far as possible situations where issuers request the preliminary rating assessment of the structured finance instrument concerned from a number of credit rating agencies in order to identify the one offering the best credit rating for the proposed structure. Issuers should also avoid applying such practices.The Commission is asked to find the most suitable means of ensuring that such practices are limited as swiftly as possible
Amendment 272 #
Proposal for a regulation
Article 6 – paragraph 4 – subparagraph 1
Article 6 – paragraph 4 – subparagraph 1
4. A credit rating agency shall ensure that analysts and persons approving credit ratings shall not be involved in providing the credit rating services to the same rated entity or its related third parties for a period exceeding fourthree years. For that purpose it shall establish a rotation mechanism with regard to those analysts and persons.
Amendment 278 #
Proposal for a regulation
Article 6 – paragraph 4 – subparagraph 2
Article 6 – paragraph 4 – subparagraph 2