ESMA censures Standard & Poor’s for internal control failings
JUNE 03, 2014
The European Securities and Markets Authority (ESMA) has issued a public notice censuring Standard & Poor’s Credit Market Services France SAS and Standard & Poor’s Credit Market Services Europe Limited (S&P) for breaches of Regulation 1060/2009 (CRA Regulation).
The decision by ESMA to issue a public notice results from its investigation into the erroneous publication on 10 November 2011 by S&P, to the subscribers of its...
Read Press Release by ESMA
Decision of board of supervisors to adopt a supervisory measure taking the form of a public notice