The potential for the use of credit ratings for regulatory purposes – and beyond
INTERNATIONAL FINANCIAL CONGRESS 1 July 2021 See more: https://ifcongress.ru/index/en The growing use of credit ratings in regulation could be beneficial both for credit rating agencies and users of ratings. But it comes at a price: the quality of credit rating and methodologies requires stronger supervision, and legal responsibility of credit rating agencies not just to issuers, but to investors as well, is becoming an important topic, too. Session participants will discuss whether there is potential for expanding the operations of Russian credit rating agencies in the absence of new regulatory requirements on obligatory use of credit ratings.
INTERNATIONAL FINANCIAL CONGRESS 1 July 2021 See more: https://ifcongress.ru/index/en The growing use of credit ratings in regulation could be beneficial both for credit rating agencies and users of ratings. But it comes at a price: the quality of credit rating and methodologies requires stronger supervision, and legal responsibility of credit rating agencies not just to issuers, but to investors as well, is becoming an important topic, too. Session participants will discuss whether there is potential for expanding the operations of Russian credit rating agencies in the absence of new regulatory requirements on obligatory use of credit ratings.