Senate debates

Thursday, 19 March 2009

Questions without Notice

Credit Rating Agencies

2:47 pm

Photo of Nick XenophonNick Xenophon (SA, Independent) Share this | Hansard source

Mr President, I ask a supplementary question. Can the minister outline the time frame for such reforms? What does he say of Standard and Poor’s criticism earlier this month that there will be ‘conflicting rules’ if only one country regulates in the absence of some uniform regulations so that these rating agencies can be held to account?

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