Credit Ratings and Market Over-reliance

Download or read book Credit Ratings and Market Over-reliance written by Francesco De Pascalis and published by BRILL. This book was released on 2017-07-03 with total page 245 pages. Available in PDF, EPUB and Kindle. 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.