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The nature of risk: Credit agencies and light regulation – building a market code

Martin O’Donovan (Technical Officer with the Association of Corporate Treasurers (modonovan@treasurers.co.uk).)

Balance Sheet

ISSN: 0965-7967

Article publication date: 1 December 2004

Abstract

The author, a technical officer at the Association of Corporate Treasurers, describes the growth in the power of the rating agencies and explains the background and content of the new code which has been proposed to cover their activities in both the UK and the US.

Keywords

Citation

O’Donovan, M. (2004), "The nature of risk: Credit agencies and light regulation – building a market code", Balance Sheet, Vol. 12 No. 5, pp. 38-41. https://doi.org/10.1108/09657960410563577

Publisher

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Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited