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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: -By China Bureau, Dow Jones Newswires; (8610) 8400-7799;

Stock News for Moodys (MCO)
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11/17/201516:18:20Current Report Filing (8-k)
11/16/201516:04:39Statement of Changes in Beneficial Ownership (4)
11/13/201513:18:32Current Report Filing (8-k)
11/13/201507:00:00Moody's Corporation Prices Senior Unsecured Notes Offering
11/12/201516:18:19Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
11/12/201508:46:07Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
11/10/201507:00:00Moody’s Corporation Has Posted an Updated Management Presentation f...
11/05/201518:05:07Statement of Changes in Beneficial Ownership (4)
11/04/201506:13:57Quarterly Report (10-q)

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