The FSB published a progress report on reducing reliance on, and strengthening the oversight of, credit rating agencies, which is accompanied by an interim peer review on implementation of the FSB Principles for Reducing Reliance on CRA Ratings.
CRAs
5 November 2012
5 November 2012
The roadmap sets clear timelines for concrete action to reduce mechanistic reliance on CRA ratings and for authorities to promote and strengthen own credit risk assessment approaches.
3 October 2011
At its meeting today, the FSB reviewed and approved a number of policy proposals to be submitted to the G20 Summit in November, including on a package of measures to address the “too big to fail” problem.
27 October 2010
The goal of the principles is to reduce mechanistic reliance on CRA ratings and to incentivise improvements in independent credit risk assessment and due diligence capacity.
27 October 2010
The FSB has drawn up the following principles to reduce reliance on CRA ratings in standards, laws and regulations.
20 October 2010
The Financial Stability Board (FSB) met today on key elements of financial reforms ahead of the G20 Summit in Seoul.
27 September 2010
At its meeting in Paris today, the FSB reviewed risks and vulnerabilities affecting the global financial system and progress on the regulatory reform agenda under coordination by the FSB.
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