All posts tagged "Credit Rating Agencies"

IOSCO Updates, Expands Principles on Outsourcing

IOSCO's principles on outsourcing have been updated to include trading venues, intermediaries/market participants acting on a proprietary basis, and CRAs.

China Pledges to Open Up Corporate Credit Bond Market

Coordinated efforts will be made to unify access arrangements for foreign institutional investors and streamline requirements on the management of cross-border capital.

Depositories to Develop Platform for Monitoring Security Creation: SEBI

SEBI is asking issuers, debenture trustees, and credit rating agencies to carry out necessary changes to ensure readiness to use the new DLT-based platform.

Japan, UK Regulators Exchange Letters on CRA Supervision

The letters set out a framework for cooperation on regulatory, supervisory and enforcement matters in relation to credit rating agencies.

PBOC Scraps Rule Requiring Bond Issuers to Obtain Credit Rating

Requirements for bonds issued in the interbank market to obtain a credit rating have disincentivised rating agencies from properly disclosing credit risks.

China: New Rules Issued to Address Unreliable Bond Ratings

The rules require credit rating agencies to strengthen their methodologies and systems, improve corporate governance, and avoid conflicts of interest.

SEBI Updates Rules for Centralised Corporate Bond Database

The updated rules aim to further streamline the centralised database and provide further ease of access of information for investors.

SEBI Issues Guidelines for CRAs on Issuing Provisional Ratings

Credit rating agencies cannot assign a rating, including provisional decisions, to an issuer or client evaluating strategic decisions.

SEBI Requires Intermediaries to Seek Approval for Change in Control

IOSCO Reviews Impact of Govt Support on Credit Ratings

Government support measures played a “significant role” in alleviating the downward pressure on credit ratings, IOSCO found in its review.