Credit Ratings, Governance Duties,& the New Systemic Risk Perimeter
Executive Summary Governance has shifted from an internal process to a legally defined, externally observable analytical variable. The combined effect of the European Union’s Network and Information Systems Directive (NIS2) Article 20, Digital Operational Resilience Act (DORA) Article 5 and the Credit Rating Agencies Regulation 1060/2009 (CRA Regulation) marks a structural change in how governance […]
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