Fitch welcomes Inaugural Standards for Gulf Debt Issuers
Fitch Ratings states that the inaugural Standards for Gulf Debt Issuers published by The Gulf Bond and Sukuk Association represents a positive step towards increasing transparency and public disclosure to give investors a better understanding of risks and symmetric access to consistent information.
Inspite of this, their effectiveness will depend on greater clarity about the details of the announced initiative, as well as its full and timely implementation.
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