Esma: further action needed on fees for credit ratings and trade repository services

The European Securities and Markets Authority (Esma) says in a new report into credit rating agencies and trade repositories that further improvements are needed in the areas of fees and transparency. The report - Follow Up to the Thematic Report on fees charged by Credit Rating Agencies (CRAs) and Trade Repositories (TRs) - goes on to state that better recording and monitoring are required to show that fees charged reltaed to the costs of providing the services. "Esma also finds that C...