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Responding to IOSCO’s Consultation Paper on Credit Rating Agencies - 27/07/10

27 Jul 2010

The IBFed has responded to IOSCO’s recent review of regulatory initiatives that will affect the activities of credit rating agencies (CRAs).  The consultation paper assessed how regulatory initiatives will impact IOSCO’s 2003 principles for the operation of CRAs in multiple jurisdictions.  The principles address (1) quality and integrity in the rating process, (2) independence and conflicts of interest, (3) transparency and timeliness of ratings disclosure, and (4) confidential information.

The IBFed response is available here.

 
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