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Rating agencies on the EC's radar as it aims to improve supervision

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As part of its work on preventing a future financial crisis and strengthening the financial system, the European Commission has put forward amendments to the EU rules on credit rating agencies and launched a public consultation on reforming corporate governance in financial institutions.

Following discussion from all heads of State and government at the forthcoming European Council, the Commission aims to present all these proposals - together with its recent ideas on bank resolution

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How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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