TOKYO, Dec. 17, 2010 /PRNewswire/ -- S&P today announced its intention to identify ratings issued by its Japanese subsidiary, S&P Ratings Japan KK, as part of its compliance with Japan's new regulation of credit rating agencies, and to facilitate investors' ability to identify such ratings.
S&P Ratings Japan KK has been distinguishing ratings that it had issued in its Japanese website, www.standardandpoors.co.jp, in compliance with the Japan's new regulation of credit rating agencies.
To further distinguish ratings issued by S&P Ratings Japan KK, S&P has determined that it will add an additional column to the ratings display tables on www.standardandpoors.com for ratings issued by the registered subsidiary. For those ratings, the new column will display "JR".
In no way does the new identifier modify the meaning of the rating itself.
The application of the identifier will be implemented today, December 17th 2010.
Standard & Poor's, a part of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of credit ratings. With offices in 23 countries, Standard & Poor's is an important part of the world's financial infrastructure and has played a leading role for 150 years in providing investors with information and independent benchmarks for their investment and financial decisions. For more information, visit http://www.standardandpoors.com.
SOURCE Standard & Poor's