encouraged the usage of major Credit Rating Agencies (CRAs) such as Moody’s, Standard and Poor's, and Fitch as quasi governmental … rating agencies. To overcome the problem of informational asymmetry for the market participants, the Basel Committee on … evaluation of the new reporting proposals of BCBS within the critical role of the credit rating agencies. …

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 …

In this paper, we empirically investigate the impact of intensified competition on rating quality in the credit rating … between large credit rating agencies (CRAs) (Moody's and Standard & Poor's) and newer smaller ones (Dominion Bond Rating … Service Morningstar and Kroll Bond Rating Agency) creates credit rating inconsistencies in the RMBS market. While a credit …

This paper analyses the effect of soliciting a rating on the rating outcome of banks. Using a sample of Asian banks …

For decades credit rating agencies were viewed as trusted arbiters of creditworthiness and their ratings as important …