The European Commission launched a consultation in November 2010 on credit ratings agencies. We have responded to the consultation and the full document can be read using the View Document button below. The EACT welcomes the Commission's initiative in publishing a working document for discussion and consultation purposes.
Credit ratings play a key role in the financial system for issuers as well as investors, contributing to financial stability and supporting the prospects for growth. The provision of ratings underpins the pricing of debt and adds to market liquidity, both of which are key elements in open and competitive markets.
There is understandable concern, following the financial crisis of 2008, that change is needed. However, the EACT hopes that, as the Commission moves forward to develop proposals, it will take due account of what works well at present and avoid endorsing proposals that may be politically attractive but lack substance in analysis and fact.
The EACT is pleased to invite its members for nominations for the 4th EACT Award.
View MoreThis year marks the 15th anniversary of the Association of Polish Corporate Treasurers. The 20th August, 2007 is the foundation day of the Association
View MoreEACT Award 2022: And the Winner is... For the 3rd year in a row, the EACT recognises a project realised within the European Treasury Community.
View MoreWe wish you and your loved ones a happy holiday season and a new year filled with joy, prosperity and happiness.
View MoreThe European Association of Corporate Treasurers (EACT) announces the appointment of François Masquelier as its new Chair as from October 1st.
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