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The European Commission sends CESR an additional request to review the role of Credit Rating Agencies.

12 Sep. 2007 - On Tuesday 11 September 2007, Mr Eddy Wymeersch, Chair of CESR, Ms Ingrid Bonde, Chair of CESR’s Task Force on Rating Agencies, and Fabrice Demarigny, Secretary General of CESR, met Commissioner Charlie McCreevy and his staff in Brussels.

At this meeting, Commissioner McCreevy expressed the wish to understand several aspects of the rating of structured finance products. These points are set out further in a letter that was given to CESR at the meeting, as an additional request to review the role of credit rating agencies.

CESR today publishes this letter, accompanied by a press release.