Karimov, Nodirbek; Kara, Alper; Downing, Gareth; … - 2024
We examine rating behaviour after the introduction of new regulations regarding Credit Rating Agencies (CRAs) in the … changes have been effective in tackling conflicts of interest between issuers and CRAs in securitisation. Rating catering … seems to have disappeared in the post-GFC period. Yet we see limited effectiveness on rating shopping. It follows that …