Category: News
-
Requirements Relating to Press Releases or Reports
The text of publications must meet strict requirements. The European Securities and Markets Authority considers that a credit rating or rating outlook should be accompanied by a press release or report. The press release or report should explain the key elements underlying the credit rating or rating outlook. At least the following elements should be…
-
Internet Oligopoly is Hindering Online Retail Growth
China strengthens small and medium-sized enterprises. On 5 March 2021, the Government of China (rated A1 stable by Moody’s) said it will encourage internet companies to reduce commissions to an appropriate level for merchants that transact on these internet companies’ platforms. “The government did not specify the level of potential commission reduction in its directive,”…
-
In 2020 DEFAMA Once Again Achieved Highs in All Key Figures
DEFAMA promised to publish the audited figures and the 2020 annual report at the end of April 2021. According to preliminary and unaudited figures, Deutsche Fachmarkt AG (DEFAMA) achieved a consolidated net income of € 2.5 (2.1) million or € 2.5 (2.1) million in the 2020 financial year with sales of € 14.8 (previous year:…
-
2020 Becomes the First Year of Digital Currency
From October 8th to 18th, 2020, Luohu District, Shenzhen, China, conducted a digital currency experiment, issuing digital currency red envelopes totaling 10 million RMB (approximately 1.5 million Dollars). From the 8th to the 11th October, 1,913,800 Shenzhen residents reserved a lottery for red envelopes, and 50,000 of them received digital RMB red envelopes, each at…
-
Legal Issues in Ratings
Ann-Kristin Achleitner and Oliver Everling (Editor): Legal Issues in Ratings: Fundamentals and Implications of Ratings for Agencies, Investors and Companies Advised, Betriebswirtschaftlicher Verlag Th. Gabler, Wiesbaden 1st edition November 2005, http://www.gabler-verlag.de, hardcover, 470 pages, ISBN 3-409-14314-9. The issuing of ratings by external rating agencies as well as internal ratings are of increasing relevance for the…
^^^ RATING EVIDENCE GmbH 