A light touch

risk-0308-46-gif

Rating agencies have come under fire for their role in the credit crisis, and have been accused of reacting too late to changes in credit market conditions. But the sector has received some support from at least one quarter - the International Swaps and Derivatives Association. Isda's chairman, Jonathan Moulds, concedes the agencies may have struggled to keep pace with innovation in the structured credit market, but argues many investors had come to depend too heavily on ratings.

"I think firms

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here