Effective 1 January 2014
Mandatory credit ratings for bond issuance to be liberalised.
International rating agencies will be permitted to practice in Malaysia.
The announcements by Prime Minister Datuk Seri Najib Razak on 9th June 2014 of the Government’s commitment to liberalise the credit rating services industry signals the positive response of authorities to the demand for higher-yielding securities in the global economy and the increasingly significant role of the discerning investor in the bond market.
Full article: 2014 Rating Liberalisations
Article Written By:
LL. B. (Hons.)(Mal)
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