22 Jun. 2007 - As previously announced in its public statement (CESR 07-304), CESR is in the process of preparing its second annual report on the credit rating agenciesí (CRAs) compliance with the IOSCO Code of Conduct.
To this effect, CESR is publishing today a questionnaire regarding the rating of structured finance instruments. The purpose of this questionnaire is to enable CESR to gather information from interested parties on the functioning of this specific segment of the rating business.
To facilitate the participation in this consultation, CESR has divided the questionnaire in two sections; the first one is addressed to the credit rating agencies and the second one to all market participants. Nevertheless, CESR would welcome comments from anyone on the first section as well.