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Extend regulatory oversight to Credit Rating Agencies

Extend regulatory oversight and registration to Credit Rating Agencies to ensure they meet the international code of good practice, particularly to prevent unacceptable conflicts of interest.

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The G-20 London Summit 2009
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G-20 Summit Communiqué
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Strengthening financial supervision and regulation
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Agreed Action Plan
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Extend regulatory oversight to Credit Rating Agencies
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Establish a new Financial Stability Board
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Extend oversight to all systemically important entities
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FSB and IMF to provide early warning of risks
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Prevent excessive leverage and require buffers
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Reshape systems to take account of macro-prudential risks
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Single set of high-quality global accounting standards
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Sustainable compensation schemes
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Take acton against non-cooperative jurisdictions
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