Proposed SMART Stamp System Will Improve Ratings Transparency, Fitch Says
August 11, 2006
Fitch Ratings is seeking industry feedback on a plan to tighten its ratings surveillance through a new system that will provide investors with a fast source of information on its monthly reviews. Dubbed Surveillance, Metrics Analytics, Research and Tools Stamps, or SMART Stamps, the new system, “should give evidence to the investor community that Fitch is actively monitoring each deal on a continuous basis,” the rating service said, noting that the frequency...