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 CRAs need to improve access to and usability of the credit ratings published on their websites and th...