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PBOC Gov Zhou: China Shouldn't Rely On Foreign Rating Cos--Report

BEIJING -(Dow Jones)- China should reduce its reliance on overseas credit-rating companies and the country's big financial institutions should strengthen their internal ratings research and make their own judgments, local news portal Tencent reported Sunday, citing People's Bank of China Gov. Zhou Xiaochuan. The current three biggest global rating companies are not the best choices, and when judging economic situations, China could consider using a "double-rating" model that focuses on suggestions by domestic rating companies and merely refers to information by overseas ratings companies, Zhou was cited as saying. The State Council, China's cabinet, has given the nod to the PBOC to regulate the country's credit-rating companies, making the central bank the sole regulator of the industry, local media reported last week. Newspaper website: http://www.qq.com/ -By China Bureau, Dow Jones Newswires; (8610) 8400-7799; [email protected]

Stock News for Moodys (MCO)
DateTimeHeadline
02/24/201707:00:00Moody's Corporation to Present at the Raymond James Institutional...
02/24/201706:07:47Annual Report (10-k)
02/24/201706:07:18Automatic Shelf Registration Statement of Securities of Well-known...
02/20/201720:30:00AFFIN Bank Implements Moody’s Analytics Software Solutions t...
02/17/201708:01:38Current Report Filing (8-k)
02/17/201707:00:00Moody's Corporation Reports Results for Fourth Quarter and Full...
02/16/201705:52:00Doppelte Auszeichnung für Moody’s Analytics bei den InsuranceERM Aw...
02/16/201705:52:00Moody’s Analytics remporte deux prix des InsuranceERM Awards
02/16/201702:00:00Moody’s Analytics Wins Two InsuranceERM Awards
02/15/201714:43:00Moody’s übernimmt Geschäftsbereich für strukturierte Finanzdaten und...
02/15/201714:42:00Moody’s rachète l’activité de données et d’analyses de Finan...
02/15/201703:00:00Moody’s Acquires Structured Finance Data and Analytics Business o...
02/14/201707:00:00Moody's Corp. to Present at the Cantor Fitzgerald Internet...
02/12/201720:30:00Chong Hing Bank Selects Moody’s Analytics Risk Management Solutions
02/12/201720:30:00創興銀行がムーディーズ・アナリティックスのリスク管理ソリューションを採用
02/10/201716:04:24Annual Statement of Changes in Beneficial Ownership (5)
02/10/201710:17:17Amended Statement of Ownership (sc 13g/a)
02/09/201708:30:00After a tumultuous election season, can small business owners...
02/01/201716:04:11Statement of Changes in Beneficial Ownership (4)
02/01/201716:03:19Statement of Changes in Beneficial Ownership (4)

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