Hazel Ilango discusses the need for a more sustainable, relevant and effective credit rating system that better accounts for climate-related risks.
August 21, 2023With immediate effect, the impact of ESG factors on a borrower’s creditworthiness will now be conveyed through narrative paragraphs in the rating agency’s reports.
August 10, 2023Some Indian banks are setting aside fresh provisions in anticipation of the planned implementation of the Expected Credit Loss framework.
August 1, 2023Endorsers include Bloomberg LP, Clarity AI, FTSE Russell, ICE, ISS ESG, Moody's Japan, Morningstar Sustainalytics, MSCI ESG Research, Refinitiv, and S&P Global Ratings Japan.
July 30, 2023While the worst of the regulatory action against the tech sector is over, S&P Global Ratings expects more regulatory actions in the foreseeable future.
May 24, 2023Bond investors, including those who do not prioritize climate change mitigation, are unknowingly exposed to the increasing impact of climate-related credit risk.
April 19, 2023China's four G-SIBs have started working on issuing their first TLAC bonds. Each bank is planning to raise at least CNY 10 billion.
April 17, 2023S&P prematurely published credit ratings before securities were issued, failed to disclose decisions for discontinuing some credit ratings, and took too long to correct factual errors in reported data.
March 25, 2023Eleven banks will deposit $30bn into regional lender First Republic Bank, which has suffered credit downgrades and stock price declines in recent days.
March 17, 2023An 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, 2023