IOSCO Announces Project Analyzing Credit Rating Agencies
IOSCO approved a project by its Committee 6 on Credit Rating Agencies ("C6") to gain a better understanding of credit rating agencies ("CRA") and other CRA products and services.
The project will consist of two parts. C6 will undertake (i) a series of information-gathering exercises, which include surveying the issuers of CRA products and services, and (ii) the gathering of information on how CRA issuers, investors and users understand and utilize CRA products.
See: Press Release; C6 CRA Survey.