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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
03/15/201711:27:21Additional Proxy Soliciting Materials (definitive) (defa14a)
03/15/201711:24:08Additional Proxy Soliciting Materials (definitive) (defa14a)
03/15/201711:18:44Proxy Statement (definitive) (def 14a)
03/13/201716:07:51Statement of Changes in Beneficial Ownership (4)
03/13/201716:07:29Statement of Changes in Beneficial Ownership (4)
03/13/201716:06:07Statement of Changes in Beneficial Ownership (4)
03/13/201716:05:20Statement of Changes in Beneficial Ownership (4)
03/13/201716:04:53Statement of Changes in Beneficial Ownership (4)
03/13/201716:04:01Statement of Changes in Beneficial Ownership (4)
03/13/201708:00:00Moody’s Analytics and Affecto Announce Collaboration in Nordic M...
03/08/201716:02:37Statement of Changes in Beneficial Ownership (4)
03/08/201711:22:00Moody’s Analytics e Sia Partners annunciano una collaborazione n...
03/08/201708:09:00Moody’s Analytics et Sia Partners annoncent leur collaboration d...
03/08/201708:00:00Moody’s Analytics and Sia Partners Announce Collaboration as P...
03/06/201708:00:00Moody’s Analytics and Management Solutions announce collaboration a...
03/03/201717:01:58Current Report Filing (8-k)
03/03/201716:08:10Statement of Changes in Beneficial Ownership (4)
03/02/201716:08:52Statement of Changes in Beneficial Ownership (4)
03/02/201716:08:26Statement of Changes in Beneficial Ownership (4)
03/02/201716:07:34Statement of Changes in Beneficial Ownership (4)

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