Phil. SEC Guidelines on Credit Rating Agencies

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SEC MEMORANDUM CIRCULAR NO. 7: Phil. SEC Guidelines on Credit Rating Agencies

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Title Supreme Court: Phil. SEC Guidelines on Credit Rating Agencies

Law: Sec Memorandum Circular No. 7

Decision Date: Mar 6, 2014

The Guidelines on the Accreditation, Operations and Reporting of Credit Rating Agencies require credit rating agencies engaged by corporations offering commercial papers or debt securities to adhere to best practices, including transparency, independence, and avoidance of conflicts of interest, to ensure accuracy and integrity in their credit rating activities. Failure to comply may result in suspension or revocation of accreditation and/or monetary fines.

credit rating agencies

guidelines

accreditation

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