SFC fines Moody’s HK$11m for “misleading” report

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SFC fines Moody’s HK$11m for “misleading” report

GlobalCapital
April 05, 2016 11:15 AM
Moody's 230x150
ARCHIV: Ein Schild weist in New York, USA, auf den Sitz der Ratingagentur Moody's hin (Foto vom 23.09.12). Die Ratingagentur Moody's hat Frankreich das Spitzenrating entzogen. Die Bewertung fuer Staatsanleihen wurde um eine Stufe von Aaa auf Aa1 gesenkt, wie Moody's am Montagabend (19.11.12) mitteilte. (zu dapd-Text) Foto: Oliver Lang/dapd | Oliver Lang/dapd

Hong Kong’s Securities and Futures Commission has slapped Moody’s Investors Service with a HK$11m ($1.4m) fine for what the regulator says are shortcomings in a 2011 report on Chinese issuers published by the agency.

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