The key question, however, is whether credit-rating agencies will be exposed to civil liability as a result of the CSA’s changes
Negative outlook maintained on U.S. affiliates
Agencies must implement and follow appropriate internal controls and procedures governing their determination of credit ratings
Ratings outlook is stable
Regulators seek comment on alternative standards of creditworthines
Insurer’s financial flexibility has become increasingly constrained
Credit-rating agencies would be regulated for the first time under rules proposed by the CSA
Fitch Ratings survey shows concerns about banks’ credit quality
Issuers would have to get permission to include ratings in registration statements or prospectuses
Central bank contributing to international efforts to review the role and use of external credit ratings