The leading Credit Rating Agencies facilitated the Financial Crisis of 2008. As a result, extensive reforms were enacted to limit the negative effect of the agencies upon the marketplace, and therefore society. However, the agencies continue to transgress, and have become even more profitable...

In response to the decision by British voters to leave the European Union in the recent referendum, this article discusses what may lie ahead for the regulation of the credit rating industry in the U.K. With the withdrawal from the Union meaning that the U.K. must now establish its own distinct...

The International Non-Profit Credit Rating Agency (INCRA) is an attempt to alter the way in which the economy approaches the rating of debt. By advancing a non-profit ideal, based upon long-term considerations, the agency hopes to penetrate an industry that has been widely recognised as being...

Introduction -- Chapter 1 The Stewardship Code 2010 as a Response to the Financial Crisis -- Chapter 2 A Decade of Development -- Chapter 3 The Stewardship Code 2020 -- Chapter 4 The Future of Stewardship Regulation -- Conclusion.

This book provides a critical assessment of the development of the Stewardship Code 2020, which sets out principles regarding the role of institutional investors in corporate governance. It discusses how the regulatory framework for stewardship evolved before and after the financial crisis, and...

Relatively speaking, the so-called sustainability rating industry has been witnessing rapid growth since the Financial Crisis. More recently, the industry is continually reorganising through a series of mergers and acquisitions. However, recent research has slowly turned away from what the...

'Three major financial crises : what have we learned?' / Ross P. Buckley, Emilios Avgouleas, and Douglas W. Arner -- 'The impact of the global financial crisis upon the UK's regulatory architecture' / Harry McVea -- 'Financial crisis management under the Twin Peaks Model of financial regulation...

This Palgrave Pivot aims to examine the bourgeoning relationship between the Principles for Responsible Investment and the Credit Rating Industry. Since May of 2016, when the partnership was initially publicised, the PRI have endeavoured to incorporate Credit Rating Agencies into its initiative...