The European Securities and Markets Authority (ESMA) has fined Fitch Ratings €1.38 million ($1.8 million) for a series of negligent breaches of the Credit Rating Agencies (CRA) regulation. Following an investigation of credit rating agencies in 2013, the regulator discovered that from December 1, 2010 to June 7, 2012 certain senior analysts in Fitch sent… Read More >>