Traduction de «agence de notation financière » (Français → Anglais) :

In line with our G20 commitments, the new rules aim to reduce reliance on external ratings, requiring financial institutions to strengthen their own credit risk assessment and not to rely solely on external credit ratings.

To be quick, in a variety of regulations, including capital regulations, there's an ability to use ratings, which effectively reinforce the franchise of these agencies, and so there is a desire, and also in investment regulations and other things from the officials' side.So it would be an advantage to remove, to the maximum extent possible, these mandates that reference ratings An hon. member: [Inaudible Editor] Mr. Mark Carney: Yes, in order to.But the mandated use of ratings, in order to have.if it's going to be private, it should be truly private and survive not by fiat from the public sector, but because of the effectiveness of their ...[+++] opinions, which reinforce the original business model of these entities.

9. Stresses the need among CRAs for transparency of fees and the separation of rating and ancillary services as well as for a clarification of assessment criteria and business models; emphasises that CRAs play a public role in, for example, the CRD and that they should, therefore, meet high standards of accessibility, transparency, quality and reliability required of regulated businesses such as banks; urges the International Organization of Securities Commissions (IOSCO) and the CESR to continue to closely monitor the compliance of CRAs with the IOSCO code of conduct; would welcome the emergence ...[+++] of European players in the CRA sector;

9. Stresses the need among CRAs for transparency of fees and the separation of rating and ancillary services as well as for a clarification of assessment criteria and business models; emphasises that CRAs play a public role in, for example, the CRD and that they should, therefore, meet high standards of accessibility, transparency, quality and reliability required of regulated businesses such as banks; urges the International Organization of Securities Commissions (IOSCO) and the CESR to continue to closely monitor the compliance of CRAs with the IOSCO code of conduct; would welcome the emergence ...[+++] of European players in the CRA sector;

8. Stresses the need among CRAs for transparency of fees and a separation of rating and ancillary services as well as for a clarification of assessment criteria and business models; emphasises that CRAs play a public role in, for example, the CRD and that they should thus meet the same high standards of accessibility, transparency, quality and reliability required of regulated businesses such as banks; urges the International Organization of Securities Commissions (IOSCO) and the CESR to continue closely to monitor the compliance of CRAs compliance with the IOSCO code of conduct; calls on European stakeholders to consider whether they should enco ...[+++]urage the emergence of a specifically European player in the CRA sector;

The Financial Stability Forum, of which Canada is an active member, has recommended the following: First, implement the revised IOSCO Code of Conduct Fundamentals for CRAs to manage conflicts of interest in rating structured products and to improve the quality of the rating process; and second, differentiate ratings on structured credit products from those on bonds and expand the information that rating agencies provide.