At the stage of developing the idea denmark telegram data of stock ratings, the Bank of Russia considered various options for who would evaluate issuers. “There was an idea to create a new participant in the market that would provide an analytical service. However, it seemed more expensive to us, since it requires the development of new regulations,” says Abasheeva.
An alternative approach is to use the ready]
made infrastructure of rating agencies, since they already have experience in the securities market and have established themselves as independent experts who have earned the trust of issuers and investors. The head of the department notes that the Central Bank held a series of meetings with agencies, where they discussed all the pros and cons: why they can offer a new product.
Worried about the discrepancy
between the expert assessment and the actual value of the rated entity. And of course, debates flared up around what responsibility the agencies would bear,” she continues. “It seems that the characteristics of early-stage startups combination of independence, competence and responsibility of agencies is best suited for assessing equity alb directory instruments. Now that all the discussions are behind us, rating agencies have begun to develop methodologies for a new category of ratings. We intend to pilot the project on their basis.
