久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Markets

Upstart credit firm challenges status quo

By Zheng Yangpeng and Zhu Wenqian (China Daily) Updated: 2014-06-24 07:07

Dagong part of effort to achieve 'fairer' ratings, especially in Asia

Global ratings agency Universal Credit Rating Group launched its international advisory council with some high-profile names on Monday, aiming to establish what it said would be a fairer credit rating system to challenge the status quo.

Marking its first anniversary, the Hong Kong-based UCRG announced its advisory council, which is chaired by Dominique de Villepin, former French prime minister, and with members including Kevin Rudd, former Australian PM, Shaukat Aziz, former Pakistani PM, and Igor Ivanov, former Russian foreign minister.

The council released its Action Manifesto for 2015-20, which promotes the coexistence of the "old" and "emerging" credit systems and calls for the "balanced development" of the international credit ratings system.

Currently, three major United States-based ratings agencies - Standard & Poor's Financial Services LLC, Moody's Investors Service and Fitch Ratings Inc - dominate the global credit rating market, with a combined share of about 96 percent.

The "big three" were widely criticized for having given their highest ratings to the debt instruments, including subprime mortgages, whose failure helped spark the global financial crisis in 2008.

Discontent with the "big three" was the inspiration for the founding of UCRG, a consortium comprised of Dagong Global Credit Rating Co Ltd of China, Egan-Jones Ratings Co of the United States and RusRating of Russia.

Dagong - the major financial backer of the UCRG - remains far less prominent than its Western competitors, although it has begun making a splash in international media.

It hit the headlines in August 2011 when it cut its main rating for US sovereign debt from A+ to A, with a negative outlook, after a standoff over Washington's debt ceiling that led to fears of a potential US default.

The Action Manifesto vowed to build a pool of more than 2,000 international credit scholars by 2020.

The new system aims to make risk assessment a significant part of a credit rating.

"It (risk assessment) decides what's risky and what's not. That's to say, it decides where the money should go and where not," de Villepin said at Monday's event.

Upstart credit firm challenges status quo Upstart credit firm challenges status quo
China's top 10 cities for salaries

Graduates pick work instead of taking advanced degrees

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 久久久小视频 | 欧美特黄特色aaa大片免费看 | 欧美日本韩国一区二区 | 精品一区二区三区视频 | 九九精品国产兔费观看久久 | 亚洲第一男人天堂 | 日本一级aaaa特黄毛片 | 日韩美女网站 | 午夜精品尤物福利视频在线 | 欧美日韩不卡在线 | 国产在线视频一区二区三区 | 国产夜色| 亚洲视频免费 | 欧美a毛片 | 手机在线观看亚洲国产精品 | 国产精品亚洲专一区二区三区 | 国产精品无码久久综合网 | 九九视频国产 | 欧美午夜视频一区二区三区 | 国产美女精品视频免费观看 | 精品久久久久久影院免费 | 国产亚洲一区二区三区 | 欧美aaa性bbb毛片 | 亚洲精品午夜国产va久久成人 | 国产在线精品一区二区高清不卡 | 久草在线视频免费资源观看 | 九热视频在线观看 | 欧美精品在欧美一区二区 | 国产成人yy精品1024在线 | fc2久久| 美国毛片免费观看 | 天天看有黄有色大片 | 成年人网站免费看 | 亚洲欧美激情视频 | 国产精品久久国产精品99 | 日韩成人在线视频 | 亚洲精品在线视频观看 | 欧美性色欧美a在线播放 | 国产三及| 私人玩物福利 | 萌白酱粉嫩jk福利在线观看 |