4 Amendments of Ramon TREMOSA i BALCELLS related to 2011/0361(COD)
Amendment 183 #
Proposal for a regulation
Recital 30
Recital 30
(30) In order to contribute to the issuance of up to date and credible sovereign ratings and to facilitate users' understanding, it is important to regularly review ratings. It is also important to increase the transparency about the research work carried out, the staff allocated to the preparation of ratings, its territorial presence, and the underlying assumptions behind the credit ratings made by credit rating agencies in relation to sovereign and sub-sovereign debt.
Amendment 186 #
Proposal for a regulation
Recital 30 a (new)
Recital 30 a (new)
(30a) Acknowledge that inside of sovereign countries, wide institutional divisions remain between regions, particularly regarding asymmetries on their fiscal and legislative powers. A particular attention and methodology should be paid to those regions with capacity to collect all taxes.
Amendment 187 #
Proposal for a regulation
Recital 30 b (new)
Recital 30 b (new)
(30b) On the evaluation of sovereign and sub-sovereign bonds, the physic location of the analyst teams should be made public. Moreover, the presence of the analyst team on the ground for a relevant amount of time should be compulsory. The time spend on the ground should also be made public.
Amendment 192 #
Proposal for a regulation
Recital 32 a (new)
Recital 32 a (new)
(32a) Credit rating agencies should take into account when evaluating any sovereign or sub-sovereign debt, if they can be posted as collateral to the ECB or any other national central bank.