Credit rating agency: Difference between revisions
imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Update - source - Association of Corporate Treasurers - email from Naresh Aggarwal 16 Feb 2022.) |
||
| Line 1: | Line 1: | ||
(CRA). | (CRA). | ||
Credit rating agencies are independent institutions that assess the creditworthiness - or the credit risk - of issuers and provide credit ratings which are publicly available and used by investors, as well as analysts, as a guide for investment decisions. | |||
Well known credit rating agencies include Moody's, Standard & Poor's, and Fitch. | Well known credit rating agencies include Moody's, Standard & Poor's, and Fitch. | ||
| Line 19: | Line 20: | ||
* [[Credit reference agency]] | * [[Credit reference agency]] | ||
* [[Credit risk]] | * [[Credit risk]] | ||
* [[Creditworthiness]] | |||
* [[External Credit Assessment Institution]] | * [[External Credit Assessment Institution]] | ||
* [[Fitch]] | * [[Fitch]] | ||
* [[Issuer]] | |||
* [[Moody's]] | * [[Moody's]] | ||
* [[Ratings]] | * [[Ratings]] | ||
* [[Regulation]] | |||
* [[SRA]] | * [[SRA]] | ||
* [[Standard & Poor's]] | * [[Standard & Poor's]] | ||
Revision as of 11:11, 16 February 2022
(CRA).
Credit rating agencies are independent institutions that assess the creditworthiness - or the credit risk - of issuers and provide credit ratings which are publicly available and used by investors, as well as analysts, as a guide for investment decisions.
Well known credit rating agencies include Moody's, Standard & Poor's, and Fitch.
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 rating
- Credit reference agency
- Credit risk
- Creditworthiness
- External Credit Assessment Institution
- Fitch
- Issuer
- Moody's
- Ratings
- Regulation
- SRA
- Standard & Poor's
- Sustainability
