Abstract
Uses of ratings for regulating financial markets are produced. Besides the main provisions of the Basel Agreements concerning supervisory bodies’ problems, remote monitoring and mega regulation features are reviewed.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Bibliography
Basel II (2006) International convergence of capital measurement and capital standards: a revised framework – comprehensive version
Basel III (2011) A global regulatory framework for more resilient banks and banking systems – revised version. Basel Committee on Banking Supervision
Bongaerts D, Martijn Cremers KJ, Goetzmann WN (2012) Tiebreaker: certification and multiple credit ratings. J Fin 67(1):113–152
Borio C (2003) Towards a macroprudential framework for financial supervision and regulation? BIS Working Papers, № 128
Cantor R, Packer F (1994) The credit rating industry. FRBNY Econ Policy Rev Summer–Fall:1–26
Claeys S, Schoors K (2005) Bank supervision Russian style: evidence of conflicts between micro’ and macro’ prudential concerns. J Comp Econ 35(3):63–657
Ong M (ed) (2002) Credit ratings. Methodologies, rationale and default risk. Risk Books, London
Demirguc-Kunt A, Huizinga H (2004) Market discipline and deposit insurance. J Monet Econ 51:375–399
Kaminsky C, Schmucler S (2002) Rating agencies and financial markets. In: Levich R, Majononi G, Reinhart C (eds) Ratings, rating agencies and the global financial system. Kluwer, Boston
Kaminsky G (1998) Currency and banking crises: the early warnings of distress. George Washington University, Washington
Karminsky A (2015) Credit ratings and there modeling. HSE Publishing House, Moscow [in Russian]
Langohr H, Langohr P (2008) The rating agencies and there credit ratings. Wiley, Chichester
Moody’s (2011) Moody’s history: a century of market leadership. Moody’s Investors Service. http://www.moodys.com/Pages/atc001.aspx
Partnoy F (2002) The paradox of credit ratings. In: Levich R, Majononi G, Reinhart C (eds) Ratings, rating agencies and the global financial system. Kluwer, Boston, pp 65–84
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2016 Springer International Publishing Switzerland
About this chapter
Cite this chapter
Karminsky, A., Polozov, A. (2016). Ratings for the Regulation of Financial Markets. In: Handbook of Ratings. Springer, Cham. https://doi.org/10.1007/978-3-319-39261-5_4
Download citation
DOI: https://doi.org/10.1007/978-3-319-39261-5_4
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-39260-8
Online ISBN: 978-3-319-39261-5
eBook Packages: Economics and FinanceEconomics and Finance (R0)