The credit rating industry called for many debates on its civil liability since the origin of the industry at the beginning of the twentieth century. In 2013, the Union legislature introduced a right to damages, which issuers and investors can directly enforce against credit rating agencies under Article 35a CRA Regulation. This provision has drawn attention because of its remarkable structure: Article 35a CRA Regulation introduced a legal ground for civil liability at the European level, while general tor t law has not been harmonised at the European level. This book investigates Article 35a...
The credit rating industry called for many debates on its civil liability since the origin of the industry at the beginning of the twentieth century. ...
