Liability in the credit rating space

.

Chapter 2 in ESG Rating Agencies and Financial Regulation, 2024, pp 4-47 from Edward Elgar Publishing

Abstract: The concept of liability, within the credit rating perspective, is a concept which is fundamentally attached to the lived experience of every form of ‘rating’. Credit reference agencies, credit rating agencies, and now ESG rating agencies all place their exposure to liability at the forefront of their operational thinking, arguably more so than the usual and reasonable level of concern. One reason for this is the core issue of what a ‘rating’ is, and the processes of how a rating is developed. In this chapter, the focus is on how the agencies, particularly the credit rating and credit reference agencies before them, have approached the issue of liability and protecting against it. The chapter will also examine the key issues affecting credit rating regulation regarding applying civil liability.

Keywords: Economics and Finance; Law - Academic; Politics and Public Policy (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781035315055.00006 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:22469_2

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().