ESMA Fines S&P €1.1M for Premature Credit Ratings, Other Breaches

The European Securities and
Markets Authority (https://www.financemagnates.com/terms/e/esma/” class=”terms__main-term” id=”1021ff0a-dc50-434e-92f1-f73446cb0ed8″>ESMA) has hit the European branch of S&P, an American
credit rating agency, with a fine of €1.1 million for publishing credit ratings
before the concerned securities were issued by the rated firm and announced to
the market…
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Jonathan Jeriah

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