Well, for starters, it certainly helps to have a high profile. With this in mind, four regional rating agencies operating in emerging markets – JCR-VIS Credit Rating Company, Pacific Credit Rating Company, European Rating Agency and Global Credit Rating Company – have come together to create a localized group that spans the emerging markets from Africa, eastern Europe, Latin America and Asia. The International Ratings Group (IRG) – as the tie-up is called – hopes to establish itself as a household name for ratings on the periphery of the capital markets.
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