Esma fines Scope for credit rating agency reg' breaches

Europe
On the 06.04.20 at 10:22AM

by

Adrien Paredes-Vanheule

The EU securities markets regulator found failures in the systematic application of the German firm's 2015 covered bonds methodology (CBM) and its revision.
(Pixabay)

The European securities and markets authority (Esma) has fined German credit rating agency Scope Ratings €640,000 for breaches of the Credit Rating Agencies Regulation (CRAR) in relation to the systematic application of its 2015 covered bonds meth

Get free access