Singapore’s New Credit Rating Agency
Regulations Will Bode Well for Firms
Singapore company registration specialists Rikvin is confident that Singapore’s new
regulatory framework for Credit Rating Agencies (CRAs) as well as ESMA’s recent
approval of it will...
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Singapore’s New Credit Rating Agency
Regulations Will Bode Well for Firms
Singapore company registration specialists Rikvin is confident that Singapore’s new
regulatory framework for Credit Rating Agencies (CRAs) as well as ESMA’s recent
approval of it will strengthen investor confidence and catalyze business activity.
Singapore company registration specialists, Rikvin, is optimistic that Singapore’s new
regulatory framework for CRAs as well as the European Securities and Markets
Authority’s (ESMA) recent approval of it will bode well for Singapore firms and
bolster investor confidence in Singapore.
Recently, the Monetary Authority of Singapore (MAS) has implemented a new
regulatory framework for Credit Rating Agencies (CRA) under the Securities and
Futures Act (SFA).
Under this Act, CRAs are required to obtain the Capital Markets
Services (CMS) license and comply with a corresponding code of conduct.
Additionally, its representatives will be required to hold at least a Bachelor’s
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