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RusRating
RusRating (russian: Рус-Рейтинг) is a credit rating agency located in Russia founded in 2001. In 2013 ''Kommersant'' said it was the smallest in the country, with about 30 customers, about 4 percent of the market. In October 2012, Dagong Global Credit Rating stated that they will cooperate with Egan-Jones Ratings Company and RusRating to form a joint venture called Universal Credit Rating Group. The Universal Credit Rating Group will be located in Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ..., and starts working in 6 months since the agreement. The joint venture will also give countries credit ratings. Managing director of Egan-Jones Ratings Bill Hassiepen told that the three rating agencies will not merge, but will participate in a strategic alliance. The t ...
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Credit Rating Agency
A credit rating agency (CRA, also called a ratings service) is a company that assigns credit ratings, which rate a debtor's ability to pay back debt by making timely principal and interest payments and the likelihood of default. An agency may rate the creditworthiness of issuers of debt obligations, of debt instruments, and in some cases, of the servicers of the underlying debt, but not of individual consumers. Other forms of a rating agency include environmental, social and corporate governance (ESG) rating agencies and the Chinese Social Credit System. The debt instruments rated by CRAs include government bonds, corporate bonds, CDs, municipal bonds, preferred stock, and collateralized securities, such as mortgage-backed securities and collateralized debt obligations. The issuers of the obligations or securities may be companies, special purpose entities, state or local governments, non-profit organizations, or sovereign nations. A credit rating facilitates the trading of se ...
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Universal Credit Rating Group
Universal Credit Rating Group (UCRG) () is a credit ratings agency based in Hong Kong. Plans to create UCRG were announced in October 2012, and it was officially founded in Hong Kong in June 2013, as a partnership between Dagong Global Credit, Egan-Jones Ratings, and RusRating. In 2014, it described itself as the only international credit rating agency based in the Asia Pacific area. Advisory Council On 23June 2014, UCRG announced its 2015-20 operating plan along with the formation of an advisory council to the group chaired by former French Prime Minister Dominique de Villepin. The other initial members are former Australian Prime Minister Kevin Rudd, former Pakistan Prime Minister Shaukat Aziz and former Russian Foreign Minister Igor Ivanov Igor Sergeyevich Ivanov (born 23 September 1945) is a Russian politician who was Foreign Minister of Russia from 1998 to 2004 under both the Yeltsin and the Putin administrations. Early life Ivanov was born in 1945 in Moscow to a Russ ...
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Richard Hainsworth
Richard is a male given name. It originates, via Old French, from Old Frankish and is a compound of the words descending from Proto-Germanic ''*rīk-'' 'ruler, leader, king' and ''*hardu-'' 'strong, brave, hardy', and it therefore means 'strong in rule'. Nicknames include "Richie", "Dick", "Dickon", " Dickie", "Rich", "Rick", "Rico", "Ricky", and more. Richard is a common English, German and French male name. It's also used in many more languages, particularly Germanic, such as Norwegian, Danish, Swedish, Icelandic, and Dutch, as well as other languages including Irish, Scottish, Welsh and Finnish. Richard is cognate with variants of the name in other European languages, such as the Swedish "Rickard", the Catalan "Ricard" and the Italian "Riccardo", among others (see comprehensive variant list below). People named Richard Multiple people with the same name * Richard Andersen (other) * Richard Anderson (other) * Richard Cartwright (other) * R ...
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Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ...
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Kommersant
''Kommersant'' (russian: Коммерсантъ, , ''The Businessman'' or Commerce Man, often shortened to Ъ) is a nationally distributed daily newspaper published in Russia mostly devoted to politics and business. The TNS Media and NRS Russia certified July 2013 circulation of the daily was 120,000–130,000. It is owned by Alisher Usmanov. History In 1989, with the onset of press freedom in Russia, ''Kommersant'' was founded under the ownership of businessman and publicist Vladimir Yakovlev. The first issue was released in January 1990. It was modeled after Western business journalism. The newspaper's title is spelled in Russian with a terminal hard sign (ъ) – a letter that is silent at the end of a word in modern Russian, and was thus largely abolished by the post-revolution Russian spelling reform, in reference to a pre-Soviet newspaper of the same name active between 1909 and 1917. This is played up in the Kommersant logo, which features a script hard sign at the ...
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Dagong Global Credit Rating
Dagong Global Credit Rating () is a state-owned credit rating agency based in China. History The company was established in 1994, following approval by the People's Bank of China and the State Economic and Trade Division of the People's Republic of China. In May 2009, an agreement of mutual cooperation was signed with Xinhua News Agency, reported as "promoting a national credit rating system". The company stated that it has used "dialectical materialism" as part of its evaluative approach. In June 2013, Dagong Europe Credit Rating was registered and received authorisation from the European Securities and Markets Authority as Credit Rating Agency. In the same year, it was recognised by the Joint Committee of the three European Supervisory Authorities (EBA, ESMA and EIOPA) as External Credit Assessment Institution operating in the European Union. It was led by Mauro Alfonso until February 2014. In 2018, Dagong's operations were suspended following accusations of corruption an ...
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Egan-Jones Ratings Company
Egan-Jones Ratings Company is a nationally recognized statistical rating organization (NRSRO) that was founded in 1995 to provide "timely, accurate credit ratings." Egan-Jones rates the credit worthiness of issuers looking to raise capital in private credit markets across a range of asset classes. Typical issuers of rated securities include banks, asset managers, insurance companies, and other financial institutions. Egan-Jones positions itself as unique among NRSROs for being primarily investor-supported, a structure designed to minimize the potential for conflicts of interest in assessing credit quality. Egan-Jones also provides ESG and proxy advisory services. History The firm was granted NRSRO status on December 21, 2007, making it the ninth such organization to be recognized by the SEC. In 2014, Egan-Jones became certified by the EU ESMA as a credit rating agency. In 2021, Egan-Jones became listed on the UK Financial Conduct Authority register as a certified credit r ...
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Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resume ...
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Die Tageszeitung
''Die Tageszeitung'' (, “The Daily Newspaper”), is counted as being one of modern Germany's most important newspapers and amongst the top seven. taz is stylized as ''die tageszeitung'' and commonly referred to as ''taz'', is a cooperative-owned German daily newspaper administrated by its employees and a co-operative of shareholders who invest in a free independent press, rather than to depend on advertising and, these days, pay-walls. Founded in 1978 in Berlin as part of an independent, progressive and politically left-leaning movement, it has focused on current politics, social issues such as inequality, ecological crises both local and international, and other topics not covered by the more traditional and conservative newspapers. It mostly supports the alternative green political sphere and the German Green Party, but ''Die Tageszeitung'' has also been critical of the SPD/Greens coalition government (1998–2005). It is being described as alternative-left and critical ...
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Bill Hassiepen
Bill(s) may refer to: Common meanings * Banknote, paper cash (especially in the United States) * Bill (law), a proposed law put before a legislature * Invoice, commercial document issued by a seller to a buyer * Bill, a bird or animal's beak Places * Bill, Wyoming, an unincorporated community, United States * Billstown, Arkansas, an unincorporated community, United States * Billville, Indiana, an unincorporated community, United States People * Bill (given name) * Bill (surname) * Bill (footballer, born 1978), ''Alessandro Faria'', Togolese football forward * Bill (footballer, born 1984), ''Rosimar Amâncio'', a Brazilian football forward * Bill (footballer, born 1999), ''Fabricio Rodrigues da Silva Ferreira'', a Brazilian forward Arts, media, and entertainment Characters * Bill (''Kill Bill''), a character in the ''Kill Bill'' films * William “Bill“ S. Preston, Esquire, The first of the titular duo of the Bill & Ted film series * A lizard in Lewis Carroll's ''Alice's Advent ...
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Rossiyskaya Gazeta
' (russian: Российская газета, lit. Russian Gazette) is a Russian newspaper published by the Government of Russia. The daily newspaper serves as the official government gazette of the Government of the Russian Federation, publishing government-related affairs such as official decrees, statements and documents of state bodies, the promulgation of newly approved laws, Presidential decrees, and government announcements. History ''Rossiyskaya Gazeta'' was founded in 1990 by the Supreme Soviet of the Russian SFSR during the '' glasnost'' reforms in Soviet Union, shortly before the country dissolved in 1991. ''Rossiyskaya Gazeta'' became official government newspaper of the Russian Federation, replacing ''Izvestia'' and '' Sovetskaya Rossiya'' newspapers, which were both privatized after the Soviet Union's dissolution. The role of ''Rossiyskaya Gazeta'' is determined by the Law of the Russian Federation N 5-FZ, dated 14 June 1994 and entitled "''On the Procedure of P ...
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Credit Rating Agencies In Russia
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (15c.) "belief, trust," from Italian credito, from Latin creditum "a loan, thing entrusted to another," from past ...
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