Credit Ratings and Market Over-reliance
Author | : Francesco De Pascalis |
Publisher | : BRILL |
Total Pages | : 245 |
Release | : 2017-07-03 |
ISBN-10 | : 9789004341852 |
ISBN-13 | : 9004341854 |
Rating | : 4/5 (52 Downloads) |
Book excerpt: 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.