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Credit ratings provide an opinion on the relative ability and willingness of parties with debt obligations to meet financial commitments. They have three functions: to measure the credit risk of the issuer, to provide a means of comparison and to provide a common standard. The credit rating market is a natural oligopoly, with three Credit Rating Agencies (CRAs) accounting for more than 90% of the market. The recent financial crisis
On 6-7 May 2010, Mexico’s Federal Commission for Regulatory Improvement (COFEMER) and the OECD organised the 25th National Conference for Competitiveness and Regulatory Reform, held in Hermosillo, Mexico. The OECD presented the conclusions of the working paper “Successful Practices and Policies to Promote Regulatory Reform and Entrepreneurship at the Sub-national Level”.
This meeting of the RPC underscored the horizontal role of the Regulatory Policy Committee in the OECD and the contribution of the programme of work to its strategic objectives.
Taking place in Paris on 18-19 February 2010, the 9th OECD Global Forum on Competition will focus on state aids and subsidies and collusion and corruption in public procurement. Participants will also discuss a peer review of Brazil's competition law and policy.
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Call for papers for the OECD & Ifo / CESifo Conference on Regulation: Political Economy, Measurement and Effects on Performance taking place from 29-30 January 2010 in Munich, Germany.
A symposium was held on 6 November 2009 to discuss strategic directions for the future of regulatory reform. Current and emerging regulatory policy challenges are truly global.
This workshop took place 4 December 2008. Its aim was to present international experience with regulatory impact assessment and provide the Russian audience with an introduction to comparative RIA methodologies.
This meeting relates to the topic of risk and regulatory policy and was held at the OECD 1 December 2008.
This seminar was the second held in the framework of the OECD Regulatory Reform Review in China and took place in Beijing on 28 March, 2008.
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This report presents the results of discussions held by the Group on Regulatory Policy in December 2007.