The role of ratings in structured finance: issues and implications

The role of ratings in structured finance: issues and implications

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The role of ratings in structured finance: issues and implications

CGFS Papers | No 23 | 01 January 2005PDF full text (364kb) | 63 pagesIntroductionIn May 2003, the Committee on the Global Financial System (CGFS) decided to establish a Working Group on Ratings in Structured Finance to explore the role of rating agencies in the rapidly evolving markets for structured finance instruments.

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