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2007-09-13 — globalriskregulator.com
"This time the situation is rather different. The focus is on one of the fastest growing areas of the capital markets – structured financial products – which also provides the leading rating agencies with a substantial, and rapidly increasing share of their revenues. It is not just a question of reputational competence, but about the role of the CRAs in this booming market, and the widely perceived conflicts of interest that they face. "
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