Banking service chronicle published this article page no 5 this article was published in the month of november improving transparency of cra methodologies this could be done by separating more explicitly the analysis of simulations and stress tests and more judgementbased (qualitative) analysis; which should be published separately but within the same report. Banking service chronicle magazine buy this would clarify what the judgement element e.g. on governance and politics of country of the rating is as opposed to more quantitative evaluation of risk of default. elimination of the "issuer pays" model there is a need for the restoration of the "investor pays" pays" model. with this the conflict of interests will be eliminated because the agencies will not be interested in overrating. if their ratings are incorrect they will lose clients Banking service chronicle magazine subscription.
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