SFC to regulate credit rating agencies from 1 June

4 May 2011 | 1 minute read

The Securities and Futures Commission (SFC) will license and regulate credit rating agencies (CRAs) and their rating analysts from 1 June 2011. In the SFC’s opinion, the creation of a regulatory regime for CRAs follows a public consultation exercise that was conducted by the SFC in the second half of 2010. In anticipation of the upcoming regulation, both CRAs and…

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