Regulation on credit rating agencies
The Commission has prepared breakthrough changes in this area. The scope of control and monitoring of rating agencies proposed in the draft Regulation goes far beyond similar regulations in other industries and areas. The proposal is based on the Code of Conduct Fundamentals for Credit Rating Agencies, which is an international voluntary code of conduct that rating agencies are expected to follow. One of the essential requirements is transparency and independence, including the guarantee that ratings are independent from business incentives. A special system of internal audits is required. The fees of top managers are expected to be independent from the profit of the agencies. The proposal relies on rating agencies’ duty to disclose applied rating procedures, models and assumptions, including amounts and ratios of all previous failed ratings. Ratings should not be carried out unless sufficient high-quality information is available. Should the proposal be adopted, another novelty will be the mandatory registration of rating agencies in EU Member States and the publication of the registrations in the Official Bulletin.
Other articles
Helena Navrátilová on Three Decades of the Advent Concerts of Good Will
KŠB partner Helena Navrátilová was recently interviewed on S dobrou vůlí, the podcast of the Committee of Good Will – Olga Havel Foundation. Speaking with editor Veronika Širc, Helena talked about the origins and history of the Advent Concerts of Good Will, which KŠB has been organizing for over thirty years.
KŠB advises the founders on the sale of the LIPOELASTIC Group
KŠB, in collaboration with investment advisers from the Roklen Group, advised LIPOELASTIC Group founders Alena and Tomáš Hradil on their exit from the group, which they had built up over almost twenty-five years.
Chemistry Brings People Together: KŠB at the 2026 Evening of Czech Chemistry
Czech chemistry and the chemical industry are built on innovation, responsibility and the people who drive the field forward. On Thursday, 22 October 2026, leading figures from the field and industry representatives came together at the Grand Hotel International Prague for the Czech Chemical Industry Association’s annual Evening of Czech Chemistry.
