Credit rating agencies on the watch list : analysis of European regulation / [electronic resource] Raquel Garc�ia Alcubilla and Javier Ruiz del Pozo. Garc�ia Alcubilla, Raquel. Ruiz del Pozo, Francisco Javier. Banks and banking Ratings and rankings Europe. Banking law Europe. Credit bureaus Europe. Credit ratings Europe. HG3751.5 .G37 2012 346.4082 23 Includes bibliographical references and index. Description based on online resource; title from PDF title page (viewed on Apr. 19, 2012). Rating agencies judge how solvent banks and big companies are. Prior to the financial crisis they were too optimistic when rating the risk of the banks and this prompted politicians worldwide to issue new regulations. This book explains what rating agencies do, why they are so important for the economy and the new European Regulation. Oxford : Oxford University Press, 2012. 2012. 2012 Text 1 online resource. http://dx.doi.org/10.1093/acprof:oso/9780199608867.001.0001 eng Europe. Europe. Europe. Europe.