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I assume that there has to be a legal definition that outlines what will qualify a business as a credit rating agency. The requirements are probably cumbersome,
by noxToken 9y ago
I assume that there has to be a legal definition that outlines what will qualify a business as a credit rating agency. The requirements are probably cumbersome, but something must be written down somewhere to objectively define the requirements.
- philipov 9y agoWhat counts as objective is determined subjectively by people with vested interests.
- noxToken 9y agoAs soon as I clicked reply, that thought immediately jumped into my head.
- chopin 9y agoI don't know much about UK law and this one in particular, but in theory the eligible companies could be listed in the respective law.