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Legal Developments worldwide

Singapore Proposes Regulation Of Credit Rating Agencies

July 2011 - Finance. Legal Developments by Loo & Partners.

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Credit rating agencies (“CRAs”) play an important role in the capital markets. CRAs provide credit ratings on entities and securities that are widely relied on by participants in the securities markets and the banking industry, thus creating a significant impact on the operation of the markets and on investor confidence.

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