Some time was also spent discussing the new liability standard for rating agencies.
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On Tuesday, credit rating agency Standard and Poor's said it had downgraded Tunisia's rating, citing "a risk that the political situation could deteriorate further amid a worsening fiscal, external and economic outlook".
Rating company Standard and Poor's raised the country's long-term sovereign credit rating from "stable" to "positive" last week, citing optimism about the government's ability to carry out structural changes.
The new standard removes prior protections, leaving the rating agencies with the same standard of liability as other players in financial markets.
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Mr Shaeuble suggested the recent downgrade of Italy's credit rating by Standard and Poor's may encourage it to speed up its own austerity measures to reassure markets.
The standing of the fund relies on the credit of the countries that back it, including France, which is threatened with a two-notch downgrade to its AAA credit rating by Standard and Poor's.
His buy rating on Standard Pacific Corp. rewarded stock owners with a 131.1% return in 2012.. While others were trying to survive the downturn, Standard Pacific spent heavily on land and now has plenty to meet robust demand.
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This standard, on which the EPEAT rating system is based, is an important measuring stick for our industry and its products.
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The rules unveiled this month allow only finance companies that meet that standard and have an adequate credit rating to accept deposits.
These will turn into losses if the stockmarket falls another 20%, reckons Standard and Poor's, a credit-rating agency.
The coalition has long banked the credibility of its deficit reduction programme on the verdict of the global credit rating agencies, Moody's, Standard and Poor's and Fitch.
The rating cuts did not concern HSBC, Barclays or Standard Chartered, Moody's said.
Our relationship with EPEAT has become stronger as a result of this experience, and we look forward to working with EPEAT as their rating system and the underlying IEEE 1680.1 standard evolve.
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These include reforms that would affect bank regulators, supervisors and accounting standard-setters, and cover bankers' pay, derivatives trading and rating agencies.
The MPG equivalency rating was developed by the EPA as a way to provide a standard so consumers can compare vehicles across the spectrum and make an educated purchase.
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The comments from senior French figures followed a recent warning from US credit ratings agency Standard and Poor's that France could lose its triple-A credit rating over the eurozone crisis.
The chancellor's speech comes as Standard and Poor's said it would hold the UK's credit rating at the highest possible level in light of its "wealthy and diversified economy" and said the outlook remained "stable".
The OECD and IMF have both warned of the need for a credible plan to bring the budget into balance, and ratings agency Standard and Poor's has said it is putting Britain's AAA credit rating on review until such a plan emerges.
But there is no doubt that the summit's action plan includes a long list of financial sector dimensions to be addressed, including: accounting standards, hedge funds, risk disclosures, financial sector assessments, credit rating agencies, risk-management and stress-testing models, international standard setters, sanctions for misconduct, reporting to supervisors in different countries, and more.
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