Erschienen in:

2002 | OriginalPaper | Buchkapitel

Policy Issues Facing Rating Agencies

verfasst von : Jerome S. Fons

Erschienen in: Ratings, Rating Agencies and the Global Financial System

Verlag: Springer US

Enthalten in: Professional Book Archive

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Let me begin by noting that Moody’s broadly supports the proposals contained in the New Basel Capital Accord and commends the Basel Committee on Banking Supervision for its efforts. We believe that these requirements will promote greater efficiency and stability in the international financial markets by expanding the range of risks subject to systematic measurement, by refining the risk weights applied to bank assets, and by rewarding greater sophistication in risk management practices

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