IOSCO consults on CRA Code review: IOSCO is proposing a review of the Credit Rating Agency (CRA) Code that:

  • improves the integrity of the credit rating process, management of conflicts of interest, transparency and safeguarding of private information;
  • adds measures on governance, training and risk management; and
  • adds and clarifies definitions.

(Source: Code of Conduct Fundamentals for CRAs)