ACRA, Russia’s Credit Rating Revolution, and Red Herring Reform
Bonds & Loans
Published: 2 January 2018 03:17
Many foreign credit rating agencies – the Big Three in particular – balked when the Russian government tightened controls on the regulation of credit rating agencies, a move intended to bring more transparency to the sector and eliminate conflicts of interest. Borrowers, analysts and investors are sceptical about the rules’ ability to deliver on its stated goals.
11 Apr 2018