Credit ratings and market over-reliance : an international legal analysis / By Francesco De Pascalis.

Format:

Book

Author/Creator:

De Pascalis, Francesco.

Series:

Nijhoff International Trade Law Series 15.

Nijhoff international trade law series ; v. 15

Language:

English

Subjects (All):

Rating agencies (Finance)--Law and legislation.

Rating agencies (Finance).

Trade regulation.

Foreign trade regulation.

Physical Description:

1 online resource (245 pages).

Edition:

1st ed.

Place of Publication:

Leiden : Brill Nijhoff, 2017.

Summary:

Taking position from the recent 2007-2009 financial crisis, Credit Ratings and Market Over-reliance: An International Legal Analysis by Francesco De Pascalis provides an in depth legal and regulatory analysis of the concept of over-reliance in the use of ratings and how regulation facilitates over-reliance is different from mere reliance on credit ratings. Not only does the book provide an incisive doctrinal analysis of the concept of over-reliance, it also considers over-reliance from a comparative and international perspective by reviewing legal and regulatory developments under European Union and US law and how over-reliance has been addressed in international financial regulation.

Contents:

Reliance Versus Over-reliance

The ‘Good’ Aspects of Credit Ratings: A Basis for Reliance

Reliance Versus Influence: A Roadmap toward the Risk of Over-reliance

Over-reliance on External Credit Ratings: In Search of a Meaning

Regulatory Approaches at the National, International and Regional Levels to Address Over-reliance on Credit Ratings

Regulatory Approaches against Over-reliance and Their Implementation

Reviewing the Debate on Over-reliance and Approaches against It

Conclusions.

Notes:

Includes bibliographical references and index.

Description based on print version record and CIP data provided by publisher; resource not viewed.

ISBN:

90-04-34185-4

Publisher Number:

10.1163/9789004341852 DOI