INCRA - Bertelsmann Foundation releases report on creating an organization for sovereign-debt ratings

WASHINGTON, DC (April 17, 2012) - In light of the intense criticism leveled against credit rating agencies for their perceived failure to analyze adequately sovereign creditworthiness, the Bertelsmann Foundation has developed a blueprint for an international non-profit credit rating agency (INCRA), whose rating criteria are designed to increase credibility and international acceptance.

press release: http://www.bfna.org/media_advisory/a-blueprint-for-incra-an-internationa...

report: http://www.bfna.org/sites/default/files/publications/INCRA%20Report.pdf