Regulatory Alerts2013-03-21 | NRP-07Added · Updated
Technical Standards on Obligations of Risk Rating Agencies
The Technical Standards establish mandatory requirements for risk rating agencies registered with the Superintendency of the Financial System regarding the classification of public securities and Investment Funds. The regulations mandate specific classification methodologies, defined risk categories, and comprehensive content requirements for classification reports. They impose obligations on agencies to maintain independent analysis, update ratings continuously, and disclose modifications to their methods and ratings.
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