Credit rating agency: Difference between revisions
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imported>Doug Williamson (Expand for SRA.) |
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* [[Ratings]] | * [[Ratings]] | ||
* [[SRA]] | * [[SRA]] | ||
===Other links=== | ===Other links=== | ||
[http://ec.europa.eu/finance/rating-agencies/index_en.htm European updates on CRAs.] | [http://ec.europa.eu/finance/rating-agencies/index_en.htm European updates on CRAs.] |
Revision as of 20:53, 8 April 2018
(CRA).
A firm or unit within a firm that issues credit rating opinions that are often summarised in an alpha-numerical rank ordering.
Because of the trend towards regulation of credit rating agencies, some firms take care to avoid calling themselves a credit rating agency or to call their opinions credit ratings.
In the US, the key recognition of long standing is as Nationally Recognised Statistical Rating Organisation (NRSRO) by the Securities and Exchange Commission.
The European Union subsequently followed suit with the idea of registered and certified credit rating agencies being recognised by the European Securities and Markets Authority (ESMA).
See also
- AAA
- Corporate credit ratings: a quick guide
- Credit reference agency
- External Credit Assessment Institution
- Ratings
- SRA