ESMA fines Moody's €1.24m for credit ratings breaches

Failed to comply with Credit Rating Agencies Regulation

Anna Fedorova
@FedorovaIW
01 June 2017

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The European Securities and Markets Authority (ESMA) has fined Moody's €1.24m for two "negligent" credit ratings breaches.

The regulator has fined Moody's Deutschland GmbH (Moody's Germany) €750,000 and Moody's Investors Service Limited (Moody's UK) €490,000, and issued a public notice, for two negligent breaches of the Credit...

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