An IEEFA study has found “no direct relationship” between ESG credit scores and credit ratings, due to ratings providers still “evaluating companies the traditional way”.
March 16, 2023The right to request a lower loan interest rate was made law but acceptance of such requests in the financial sector has continued to be rare.
February 18, 2023The revised guidelines introduce higher standards on governance, internal controls and integrity in rating processes and assessments.
January 11, 2023The platform will allow investment in small to mid-sized companies through investment notes with credit and ESG ratings.
December 26, 2022The Ministry of Finance has proposed to defer a professional-investor-only requirement, and delay a requirement for large issuers to have a credit rating.
December 22, 2022Credit rating agencies have until 30 January 2023 to submit action plans to the FCA on how they will rectify governance issues.
October 27, 2022The PBOC will establish connectivity between all credit reporting systems and platforms nationwide, so data on each economic entity can be combined into a single "credit file".
October 18, 2022The new framework comes after SEBI for the first time cancelled the licence of a CRA, Brickwork Ratings India, and ordered it to wind down its operations within six months.
October 18, 2022The IEEFA's Hazel James Ilango says regulatory intervention is needed in the ESG ratings sector to enhance market confidence and protect investors.
October 14, 2022There are 59 ESG ratings providers active in the EU, ESMA said in a letter to the European Commission.
June 28, 2022