The revisions are intended to align with revisions to IOSCO’s code for credit rating agencies
Although the credit-rating agency maintained the country’s rating, it says the government’s fiscal strength has weakened
The slumping resource sector is driving a higher default rate
Scotia’s efforts to increase its profitability signal a shift away from its traditionally low risk appetite, the credit rating agency says
Credit rating agency charged with misrepresenting its surveillance methodology for ratings of certain complex financial instruments
Congress could agree to grant government spending authority
The move reflects Moody’s concerns about a deterioration in the province’s financial metrics
Credit rating agency failure to comply with corporate governance, compliance and record-keeping requirements under European rules
The aim is to reduce companies’ reliance on credit rating agencies
Negative outlooks also affirmed as feds consider “bail-in” regime