Default rate expected to return to the long-term average of about 4.6%
Many fixed income investors need additional information on structured finance instruments
Rating agencies would differentiate ratings they issue on structured products from those they issue on bonds
Agencies will overhaul the way they collect fees, and improve their process for rating mortgage-backed securities
Downgrades possible, rating agency says
IOSCO panel tackles reform
Credit rating agencies are to face registration obligations in Europe if France has its say when it takes over the leadership of the European Union later this year.
Fitch Ratings reports that it has been making a variety of reforms designed to enhance the quality and transparency of its credit ratings and to restore confidence and credibility among market participants.The credit rating agency says that it has been making changes to policies, procedures and organization and continues to engage in dialogue with policy […]
Further pockets of negative rating actions are possible
More transparent credit rating system an important step towards restoring investor confidence