Board Of International Organization Of Securities Commissions Seeks Better Understanding Of Credit Rating Agency Industry

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On June 30, 2015, the Board of the International Organization of Securities Commissions approved a project specification for its Committee 6 on Credit Rating Agencies.
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On June 30, 2015, the Board of the International Organization of Securities Commissions approved a project specification for its Committee 6 on Credit Rating Agencies. The goal of the project is to help the Board gain an improved understanding of the credit rating industry as well as CRA products other than those that are disclosed to subscribers, such as private ratings, confidential ratings, scoring and other tools that can be used for risk assessments. The collected data will aid discussions between C6 members, issuers and users of other CRA products and other parties.

The questionnaire is available at: http://www.iosco.org/library/pubdocs/pdf/IOSCOPD492.pdf and the press release is available at: http://www.iosco.org/news/pdf/IOSCONEWS386.pdf.

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