NEW YORK–(BUSINESS WIRE)–Moody’s Company (NYSE:MCO) in the present day introduced its involvement within the fastened revenue workstream of the Financial Authority of Singapore’s (MAS) Venture Guardian, a collaborative initiative between the private and non-private sectors launched in 2022 to boost liquidity and effectivity of economic markets by way of asset tokenization whereas managing dangers to monetary stability and integrity.
Moody’s (NYSE:) is getting into a brand new period of brand name identification, innovation, and collaboration, and we’re proud to be a part of this venture on the forefront of asset tokenization, stated Wendy Cheong, Managing Director and Regional Head of Asia-Pacific for Moody’s Scores. Our participation in Venture Guardian displays our dedication to innovation, transparency, and threat evaluation in monetary markets.
Below Venture Guardian’s fastened revenue workstream, Moody’s plans to supply threat evaluation for tokenized fastened revenue merchandise. This will contain fixed-income securities, fund models, stablecoins, tokenized deposits, and different parts of the digital finance ecosystem. Moody’s impartial threat evaluation is meant to boost market transparency, scale back systemic dangers, and facilitate the expansion of the tokenization business.
Venture Guardian is a testomony to the ability of transparency within the monetary business and as we be part of different leaders on this initiative, we’re excited in regards to the potential of tokenization to rework the monetary panorama, stated Fabian Astic, Managing Director and World Head, Digital Economic system, Moody’s Scores. At Moody’s, we’re dedicated to paving the best way for these developments and contributing to a extra environment friendly and clear market.
About Moody’s Company
In a world formed by more and more interconnected dangers, Moody’s (NYSE: MCO) information, insights, and progressive applied sciences assist prospects develop a holistic view of their world and unlock alternatives. With a wealthy historical past of expertise in international markets and a various workforce of roughly 15,000 throughout greater than 40 international locations, Moody’s provides prospects the great perspective wanted to behave with confidence and thrive. Be taught extra at moodys.com.
Secure Harbor assertion underneath the Personal Securities Litigation Reform Act of 1995
Sure statements contained on this doc are forward-looking statements and are based mostly on future expectations, plans and prospects for Moody’s enterprise and operations that contain numerous dangers and uncertainties. Such statements contain estimates, projections, objectives, forecasts, assumptions and uncertainties that would trigger precise outcomes or outcomes to vary materially from these contemplated, expressed, projected, anticipated or implied within the forward-looking statements. Stockholders and traders are cautioned to not place undue reliance on these forward-looking statements. The forward-looking statements and different info on this doc are made as of the date hereof, and Moody’s undertakes no obligation (nor does it intend) to publicly complement, replace or revise such statements on a going-forward foundation, whether or not because of subsequent developments, modified expectations or in any other case, besides as required by relevant regulation or regulation. In reference to the protected harbor provisions of the Personal Securities Litigation Reform Act of 1995, Moody’s is figuring out sure components that would trigger precise outcomes to vary, maybe materially, from these indicated by these forward-looking statements. These components, dangers and uncertainties embody, however are usually not restricted to: the impression of normal financial situations (together with important authorities debt and deficit ranges, and inflation and associated financial coverage actions by governments in response to inflation) on worldwide credit score markets and on financial exercise, together with on the quantity of mergers and acquisitions, and their results on the quantity of debt and different securities issued in home and/or international capital markets; the unsure effectiveness and attainable collateral penalties of U.S. and overseas authorities initiatives and financial coverage to answer the present financial local weather, together with instability of economic establishments, credit score high quality issues, and different potential impacts of volatility in monetary and credit score markets; the worldwide impacts of the Russia – Ukraine navy battle and the navy battle in Israel and the encompassing areas on volatility in world monetary markets, on normal financial situations and GDP within the U.S. and worldwide, on international relations and on the Firm’s personal operations and personnel; different issues that would have an effect on the quantity of debt and different securities issued in home and/or international capital markets, together with regulation, elevated utilization of applied sciences which have the potential to accentuate competitors and speed up disruption and disintermediation within the monetary companies business, in addition to the variety of issuances of securities with out scores or securities that are rated or evaluated by non-traditional events; the extent of merger and acquisition exercise within the U.S. and overseas; the unsure effectiveness and attainable collateral penalties of U.S. and overseas authorities actions affecting credit score markets, worldwide commerce and financial coverage, together with these associated to tariffs, tax agreements and commerce obstacles; the impression of MIS’s withdrawal of its credit score scores on international locations or entities inside international locations and of Moody’s now not conducting industrial operations in international locations the place political instability warrants such actions; issues within the market affecting our credibility or in any other case affecting market perceptions of the integrity or utility of impartial credit score company scores; the introduction or improvement of competing and/or rising applied sciences and merchandise; pricing strain from rivals and/or prospects; the extent of success of latest product improvement and international growth; the impression of regulation as an NRSRO, the potential for brand new U.S., state and native laws and rules; the potential for elevated competitors and regulation within the jurisdictions wherein we function, together with the EU; publicity to litigation associated to our ranking opinions, in addition to some other litigation, authorities and regulatory proceedings, investigations and inquiries to which Moody’s could also be topic infrequently; provisions in U.S. laws modifying the pleading requirements and EU rules modifying the legal responsibility requirements relevant to credit standing companies in a way opposed to credit standing companies; provisions of EU rules imposing extra procedural and substantive necessities on the pricing of companies and the growth of supervisory remit to incorporate non-EU scores used for regulatory functions; uncertainty concerning the long run relationship between the U.S. and China; the attainable lack of key workers and the impression of the worldwide labor surroundings; failures or malfunctions of our operations and infrastructure; any vulnerabilities to cyber threats or different cybersecurity issues; the timing and effectiveness of our restructuring applications, such because the 2022 – 2023 Geolocation Restructuring Program; forex and overseas change volatility; the result of any overview by tax authorities of Moody’s international tax planning initiatives; publicity to potential legal sanctions or civil treatments if Moody’s fails to adjust to overseas and U.S. legal guidelines and rules which are relevant within the jurisdictions wherein Moody’s operates, together with information safety and privateness legal guidelines, sanctions legal guidelines, anti-corruption legal guidelines, and native legal guidelines prohibiting corrupt funds to authorities officers; the impression of mergers, acquisitions, similar to our acquisition of RMS, or different enterprise combos and the flexibility of Moody’s to efficiently combine acquired companies; the extent of future money flows; the degrees of capital investments; and a decline within the demand for credit score threat administration instruments by monetary establishments. These components, dangers and uncertainties in addition to different dangers and uncertainties that would trigger Moody’s precise outcomes to vary materially from these contemplated, expressed, projected, anticipated or implied within the forward-looking statements are described in higher element underneath Danger Components in Half I, Merchandise 1A of Moody’s annual report on Type 10-Ok for the yr ended December 31, 2023, and in different filings made by the Firm infrequently with the SEC or in supplies integrated herein or therein. Stockholders and traders are cautioned that the incidence of any of those components, dangers and uncertainties could trigger the Firm’s precise outcomes to vary materially from these contemplated, expressed, projected, anticipated or implied within the forward-looking statements, which may have a fabric and opposed impact on the Firm’s enterprise, outcomes of operations and monetary situation. New components could emerge infrequently, and it’s not attainable for the Firm to foretell new components, nor can the Firm assess the potential impact of any new components on it. Ahead-looking and different statements on this doc may additionally handle our company duty progress, plans, and objectives (together with sustainability and environmental issues), and the inclusion of such statements is just not a sign that these contents are essentially materials to traders or required to be disclosed within the Firm’s filings with the Securities and Alternate Fee. As well as, historic, present, and forward-looking sustainability-related statements could also be based mostly on requirements for measuring progress which are nonetheless creating, inner controls and processes that proceed to evolve, and assumptions which are topic to vary sooner or later.
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