The European Securities and Markets Authority (ESMA) has found positives and negatives, in its second annual report into the methods of credit rating agencies (CRA). 

The findings are the conclusions found from a year of supervisory work from ESMA, building on the recommendations from last year, and ensuring that they comply with the regulations in place from the 2012 report. 

Progress was identified by ESMA, a supervisory body for the agencies in ensuring financi...

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