Corporate Scorecard has an Australian Financial Services License (AFSL#341391) to provide credit ratings to wholesale clients. Credit ratings are a critical forward-looking measure, and are assigned following a detailed review of the financial viability and capacity of entities to honor their contractual commitments.
The licensing regime imposes strict regulatory requirements and industry surveillance to ensure appropriate conduct and compliance to a code of conduct relating to the quality and integrity of the ratings process, independence and avoidance of conflict of interest, and responsibilities to the public, clients and assessed entities.
The regime also covers confidentiality, communication and disclosure, professional development, document management, and a range of additional governance related matters.
Licensees are also required to undergo annual financial and operational compliance audits.
Please refer to our Governance page for further details.