CMC_02_18 Permitted Disclosures – Credit Agencies

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Presentation transcript:

CMC_02_18 Permitted Disclosures – Credit Agencies 10/05/2018

Summary Background & Proposal: The current CMC drafting does not explicitly reference credit agencies in the list that participants are allowed to disclose confidential information to. This proposal seeks to make some minor updates to the list of permitted disclosure of Confidential Information by including credit rating agencies in section B.23.3.1 (a). Justification: To assist with maintaining a credit rating, ESB engages with credit rating agencies to review and asses its credit worthiness. ICE (I-SEM Commercial Enablement)