Government-related entity: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
(Create page. Sources: Linked pages - Fitch Ratings - https://www.fitchratings.com/research/corporate-finance/fitch-ratings-publishes-list-of-issuers-rated-under-its-government-related-entities-criteria-23-10-2023#:~:text=Fitch%20views%20entities%20as%20%E2%80%9Cgovernment,subsidiary%20relationship%20to%20be%20present.) |
(Add abbreviation.) |
||
| Line 1: | Line 1: | ||
(GRE). | |||
1. ''Government - credit risk - credit ratings.'' | 1. ''Government - credit risk - credit ratings.'' | ||
Latest revision as of 14:45, 30 October 2023
(GRE).
1. Government - credit risk - credit ratings.
As defined for credit rating purposes, for example by Fitch ratings, a government-related entity is one over which a national, regional or local government has sufficient control for the relationship to be effectively that of a parent entity and its subsidiary.
2. Government - agencies.
One of a potentially broader group of entities, including both the parent-subsidiary type of relationships described in 1. above, and also other entities with a looser relationship with the relevant government.
