RULES not ''properly'' set in ORDER for The LAW to be ''effective'' whenever it is neglected or ignored, ...is no enforcement at all. .... ENOUGH IS NOT ENOUGH; ....The rules also require agencies to be more transparent over how they decide on a country's, or company's, credit worthiness and to warn bond issuers of a change in rating one day ahead of publishing it. Making rating agencies liable for their decisions could potentially spark expensive law suits in civil courts around the 27-country EU for misleading or wrong ratings. Credit rating agencies have so far defended their assessments as opinions protected by freedom of speech — a claim that the Commission rejected. "Ratings have a direct impact on the markets and the wider economy and thus on the prosperity of European citizens," said Internal Market Commissioner Michel Barnier. "They are not just simple opinions." Crucially, the new rules, which need to be approved by EU governments and the European Parliament, would place the burden of proof in a law suit on the rating agency rather than the plaintiff.
-
Las Vegas Sands (LVS) Outruns Peers, Surges 38% in a Year
https://sg.finance.yahoo.com/news/las-vegas-sands-lvs-outruns-185906586.html?soc_src=social-sh&soc...
Moving on from Picasa
-
*Update March 26, 2018*: The Picasa Desktop application will no longer work
online, which means that you will not be able to upload or download photos
and ...
Aliens From Hell - Freeman at Conspiracy Con 2013
-
What occult practices have the Nazis, and now NASA, employed to communicate
and channel entities into our dimension. What is the real purpose of the
billio...
Bankruptcy in Malaysia
-
Courtesy of: iMoney.my
http://www.imoney.my/articles/bankruptcy/?utm_source=outbrain&utm_medium=CPC&utm_campaign=Traffic_MY_all_RSS
A reminder to update Picasa
-
*We just updated Picasa. To ensure that sharing to Google+ still works,
please update to the latest version or turn on automatic updates. Thanks,
and happy...
RULES not ''properly'' set in ORDER for The LAW to be ''effective'' whenever it is neglected or ignored, ...is no enforcement at all. .... ENOUGH IS NOT ENOUGH; ....The rules also require agencies to be more transparent over how they decide on a country's, or company's, credit worthiness and to warn bond issuers of a change in rating one day ahead of publishing it.
ReplyDeleteMaking rating agencies liable for their decisions could potentially spark expensive law suits in civil courts around the 27-country EU for misleading or wrong ratings.
Credit rating agencies have so far defended their assessments as opinions protected by freedom of speech — a claim that the Commission rejected.
"Ratings have a direct impact on the markets and the wider economy and thus on the prosperity of European citizens," said Internal Market Commissioner Michel Barnier. "They are not just simple opinions."
Crucially, the new rules, which need to be approved by EU governments and the European Parliament, would place the burden of proof in a law suit on the rating agency rather than the plaintiff.