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Article

Dentons | European Union | 8 Oct 2010

Presidency summarises ECOFIN conclusions

An informal meeting of European Economic and Finance Ministers exchanged views with representatives of credit rating agencies (CRAs) on continuing efforts to deal with the risks of over-reliance on credit ratings, the pro-cyclical nature of CRA assessments, and conflicts of interest within CRAs stemming from their remuneration models.

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