Assessing credit risk post-crisis at a central bank

eric-wolfe

Much attention was paid to the role of credit ratings and limits in the perpetuation of shocks through the financial market, in the aftermath of the global financial crisis. Concern was raised about the over-reliance market participants had placed on credit rating agencies (CRAs). This resulted in new guidance being provided by the Financial Stability Board (FSB) in late 2010. It included a section about the need for central banks to reduce their reliance on external ratings – a move that acted

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.