EU to strip 5 countries, including Singapore, of some market access rights, says FT

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EU to strip 5 countries, including Singapore, of some market access rights, says FT
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[NEW YORK] The European Commission will deem that Canada, Brazil, Singapore, Argentina and Australia do not regulate credit ratings agencies with the same rigour as the EU, the Financial Times reports citing a document. Read more at The Business Times.

The European Commission will deem that Canada, Brazil, Singapore, Argentina and Australia don't regulate credit ratings agencies with the same rigour as the EU, the Financial Times reports citing a document.[NEW YORK] The European Commission will deem that Canada, Brazil, Singapore, Argentina and Australia do not regulate credit ratings agencies with the same rigour as the EU, the Financial Times reports citing a document.

This will be the first time that the access rights have been withdrawn, though temporary permissions for Switzerland were allowed to lapse earlier.

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