ESMA released a report on EU credit ratings for Collateralised Loan Obligations (CLOs), hi
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ESMA released a report on EU credit ratings for Collateralised Loan Obligations (CLOs), highlighting potential conflicts of interest risks observed in the dialogue between CRAs and market participants from 2017 to 2021. The focus is on the CLO methodology development and rating process of CRAs. The report emphasizes the influential role of arrangers, managers, and investors in the CLO market, and how their **selection ...