Rating agencies must report on controls under new SEC rules

US Securities and Exchange Commission headquarters

Under new Securities and Exchange Commission (SEC) requirements adopted on August 28, chief executives of rating agencies will need to provide annual reports on internal control efficiency, while each rating announcement must be accompanied by additional paperwork demonstrating that the rating decision was independent of other business links between the agency and the subject. 

The reforms are in response to claims that rating agencies appeased certain clients by lowering criteria during the

To continue reading...

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 indvidual account here: