Tag Archives: credit rating agencies
UK fraud authority investigation into BVI company prompts wider probe of structured finance, swaps
Caribbean Net News – The UK Serious Fraud Office is investigating sales of credit-default swaps and structured-finance products, including collateralized debt obligations, prior to the credit crisis, following up an earlier investigation into a hedge fund and a related British Virgin […]
G8 Endorses Lecce Framework
West Palm Beach (HedgeCo.net) – G8 Finance Ministers announced their endorsement of a global regulatory framework for financial institutions worldwide, "We agreed to create a coherent framework which builds on work done by the IMF, World Bank, OECD, FSB, FATF, […]
ECB’s Trichet urges global hedge fund regulation
Reuters – Hedge funds, credit rating agencies and all other important market players should be subject to regulation based on a global approach, European Central Bank President Jean-Claude Trichet said on Monday. The worst financial crisis in over 80 years […]
U.S. Senators Propose Hedge Fund Regulation
New York (HedgeCo.Net) – Two senators are pushing for greater regulation of hedge funds, introducing legislation that would call on the U.S. government to oversee them. Michigan Senator Carl Levin, a Democrat, and Iowa Senator Charles Grassley, a Republican, passed […]
Obama plans fast action on financial regulation
Reuters – The Obama administration plans to tighten the nation’s financial regulatory system, including stricter federal rules for hedge funds, credit rating agencies and mortgage brokers, the New York Times reported in Sunday editions. The broad changes include increased oversight […]
