EP vote on Credit rating agencies:
- extracts from the vote on the report Leonardo DOMENICI (S&D, IT)
Lieu: Strasbourg, France - European Parliament
End production: 16/01/2013 First transmission: 16/01/2013
New rules to discourage automatic reliance on agencies' credit ratings of sovereign debt or share issuers have been voted today at the EP. Agencies could issue unsolicited sovereign debt ratings only at specific times and their shareholdings in rated entities would be capped to prevent conflicts of interest.
Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
||Exterior shot of the EP, Strasbourg
||EP Vice President Edward McMILLAN-SCOTT opens the vote on the report by Leonardo DOMENICI (S&D, IT) on Credit Rating Agencies. Extracts from the final vote.
||Final vote on the draft legislative resolution result: 579 votes in favour, 58 against and 60 abstentions. The resolution is adopted.