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Credit Rating Agency
(redirected from Rating Bureau)

   Also found in: Wikipedia 0.02 sec.
Credit Rating Agency
A company that provides investors with assessments of an investment's risk. The issuers of investments, especially debt securities, pay credit rating agencies to provide them with ratings. A high rating indicates low risk and may therefore encourage investors to buy a security. Additionally, banks may only invest in securities with a high rating from two or more credit rating agencies. The SEC recognizes 10 firms as credit rating agencies; Fitch, S&P, and Moody's are the three most prominent. However, the methods of credit ratings agencies have been subject to criticism. For example, most agencies gave high-risk mortgage-backed securities top ratings until they defaulted at the collapse of the housing bubble.


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The FNC, a parliamentary body which monitors and debates the government policy but cannot initiate any legislation by itself, passed the credit rating bureau bill last year.
The FNC, a parliamentary body which monitors and debates the government policy but cannot initiate any legislation by itself, passed the credit rating bureau bill last year.
In 2007, the Workers' Compensation Insurance Rating Bureau, a government entity that oversees job classifications in California, undertook a study to determine if there were classification errors among 219 large companies.
 
 
 
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