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                    [ArticleID] => 151957
                    [Title] => Credit rating agencies seek lower capital
                    [Summary] => Credit rating agencies want the Securities and Exchange Commission (SEC) to scale down the minimum paid-up capital requirement it plans to impose on the industry from P50 million to only P10 million.


In its comments on the implementing rules and regulations being drafted by the SEC, Philratings, Inc. said the P50-million paid up capital is too high considering the operating requirements of credit rating agencies (CRA) whose primary assets are human resource-based.


                    [DatePublished] => 2002-02-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] => Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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WHILE PHILRATING

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                    [ArticleID] => 151957
                    [Title] => Credit rating agencies seek lower capital
                    [Summary] => Credit rating agencies want the Securities and Exchange Commission (SEC) to scale down the minimum paid-up capital requirement it plans to impose on the industry from P50 million to only P10 million.


In its comments on the implementing rules and regulations being drafted by the SEC, Philratings, Inc. said the P50-million paid up capital is too high considering the operating requirements of credit rating agencies (CRA) whose primary assets are human resource-based.


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Credit rating agencies seek lower capital

By Des Ferriols | February 26, 2002 - 12:00am

Credit rating agencies want the Securities and Exchange Commission (SEC) to scale down the minimum paid-up capital requirement it plans to impose on the industry from P50 million to only P10 million. In its comments...

Business