Credit Benchmark and Fiduciary duty: Difference between pages

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imported>Doug Williamson
(Create page. Sources: linked pages, Credit Benchmark webpage https://www.creditbenchmark.com/contribute/)
 
imported>Doug Williamson
(Add links.)
 
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''Credit risk - creditworthiness''.
''Law.''


Credit Benchmark is a privately owned company that measures the creditworthiness of a large number of entities, most of which do not have a traditional credit rating.
A fiduciary duty is a legal duty to act solely in another party's interests.  


A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship.


:<span style="color:#4B0082">'''''Data sources'''''</span>


:"Regulatory changes have led to the world’s major banks essentially creating their own micro credit rating agencies...
Examples include trustees and company directors.
 
:The [anonymised] data collected from contributors is a specific measure of credit risk: a one-year, forward-looking Probability of Default (PD) and forward-looking senior unsecured Loss Given Default (LGD)...
 
:Contributors have a strong incentive to ensure the accuracy of each PD and LGD, which are used in their regulatory submissions, leading to a credible market view of credit risk."
 
:''Credit Benchmark webpage. Accessed June 2020.''




== See also ==
== See also ==
* [[Credit rating]]
* [[Accountability]]
* [[Credit rating agency]]
* [[Accounting records]]
* [[Credit risk]]
* [[Audit trail]]
* [[Credit rating]]
* [[Board of directors]]
* [[Creditworthiness]]
* [[Bona fide]]
* [[Investment grade]]
* [[Director]]
* [[Loss Given Default]]
* [[Fiduciary services]]
* [[Probability of Default]]
* [[Proxy]]
* [[Regulation]]
* [[Stewardship]]
* [[Trustees]]
* [[Variance analysis]]


[[Category:The_business_context]]
[[Category:Compliance_and_audit]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Revision as of 09:40, 9 May 2022

Law.

A fiduciary duty is a legal duty to act solely in another party's interests.

A fiduciary is a person who occupies a position of trust in relation to someone else and is required to act for the latter's benefit within the scope of that relationship.


Examples include trustees and company directors.


See also