Fitch Ratings has begun reviewing the ratings on its corporate collateralized debt obligation (CDO) rating portfolio, and says that it expects the review to have a widely variable impact on ratings.The review follows the announcement of Fitch’s updated corporate CDO methodology. It maintains ratings on 483 corporate CDO transactions to which the new criteria will […]
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The group of regulators that nominate the Public Interest Oversight Board, which oversees efforts to develop international standards for the accounting profession, today announced that the reappointment of its existing members, and the addition of the European Commission to its group.The nominating committee of the monitoring group — comprised of the Basel Committee on Banking […]