EU Accuses S&P Of Monopoly Abuse Over ISIN Fees
The commission decided to open formal proceedings against the credit ratings agency after receiving a complaint from several associations that represent investors, including financial institutions and assets managers.
“Allegedly financial institutions are obliged to pay for a service that they are not interested in and do not actually use, i.e. the S&P's ISIN database as...
To view the full article, register now.