This report summarises the main findings and recommendations of the interim peer review and updates on IOSCO's work to improve transparency and competition among CRAs.
CRAs
29 August 2013
29 August 2013
The interim report includes a structured stock-taking of references to CRA ratings in national authorities' laws and regulations and of actions taken and underway to reduce those references.
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.