It is plann that one issuer will france telegram data be able to receive several ratings from different rating agencies: “Shares are a very volatile and poorly prictable instrument. Obviously, the dispersion of opinions here, it seems to me, is more important than with respect to bonds, where the ratings are more homogeneous. Therefore, of course, we ideally expect that there would be at least two opinions on shares from different rating agencies.”
If the agencies’ ratings differ radically
from each other and give contradictory signals to investors, this may become a reason for the Central Bank to think about the minimum requirements for analysts – for their methodologies and the information they use, she adds. However, this will become clear after preliminary testing of the ratings on the initial pool of issuers.
According to Ekaterina Abasheeva, at least two rating agencies have already develop and present their methodologies to issuers and professional analysts. They are bas on the model fair value of the issuer, she notes, but other factors that distinguish shares from debt instruments are also taken into account.
primarily concerns non-financial factors
The quality of corporate frequently ask questions governance, as well as the protection of investors’ interests. In addition, rating agencies will be requir to pay attention to the issuer’s information alb directory that is sensitive to foreign sanctions, says the department director.