TRIS is ready to host members of ASEAN credit rating agencies for an annual meeting on 11 November 2000. Regulators from ASEAN member countries have been invited to discuss ways to cooperate with domestic credit rating agencies (CRA) for the benefit of the regional bond markets. New members of the region's CRA forum have also been invited to share ideas about the forum's activities.
Dr. Warapatr Todhanakasem, President of Thai Rating and Information Services Co., Ltd. (TRIS) said that TRIS is now well prepared to host the AFCRA-2000 Annual Meeting scheduled for Saturday 11 November 2000 at the Royal Orchid Sheraton Hotel & Towers. He said that TRIS is organizing this meeting because it is the secretariat of the ASEAN Forum of Credit Rating Agencies (AFCRA) for the year 2000. In the meeting's morning session, the executive officers from the institutions that regulate the credit rating industry in AFCRA's member countries will speak on "How Credit Rating Agenices Can Better Assist Securities Regulatory Agencies." They will share ideas on how to fine-tune practices and strategies to cooperate with credit rating agencies. The regulatory institutions are the Capital Market Supervisory Agency (BAPEPAM) from Indonesia, the Securities Commission from Malaysia, the Securities and Exchange Commission (SEC) from the Philippines, and the Securities and Exchange Commission (SEC) from Thailand.
In the afternoon of 11 November, AFCRA members will gather for their annual meeting. The participants will include the four founding members -- PT Pefindo Credit Rating Indonesia Ltd. (PEFINDO), Rating Agency Malaysia Berhad (RAM), Philippine Rating Services Corporation (PhilRatings) and Thai Rating and Information Services Co., Ltd. (TRIS), and two new members -- PT Kasnic Duff & Phelps Credit Rating Indonesia and Malaysian Rating Corporation Berhad (MARC).
Dr. Warapatr said that AFCRA members will discuss the training and credit rating skill development seminar for their staffs, an activity that AFCRA members have found very beneficial. Every year, an AFCRA member takes a turn as host of the AFCRA Training Seminar and invites experts in various related fields from professional credit rating agencies or organizations worldwide to conduct training courses for AFCRA members' staffs. The seminars are also useful forums for the analysts of AFCRA members to share with one another their experiences and ideas in credit rating. Dr. Warapatr said that TRIS will volunteer to host the next AFCRA Training Seminar in Bangkok early next year on the topic "Project Finance Rating."
Besides training activities, AFCRA members will also discuss the development of an AFCRA website to provide easy access to AFCRA members' activities, Dr. Warapatr said.
Dr. Warapatr Todhanakasem, President of Thai Rating and Information Services Co., Ltd. (TRIS) said that TRIS is now well prepared to host the AFCRA-2000 Annual Meeting scheduled for Saturday 11 November 2000 at the Royal Orchid Sheraton Hotel & Towers. He said that TRIS is organizing this meeting because it is the secretariat of the ASEAN Forum of Credit Rating Agencies (AFCRA) for the year 2000. In the meeting's morning session, the executive officers from the institutions that regulate the credit rating industry in AFCRA's member countries will speak on "How Credit Rating Agenices Can Better Assist Securities Regulatory Agencies." They will share ideas on how to fine-tune practices and strategies to cooperate with credit rating agencies. The regulatory institutions are the Capital Market Supervisory Agency (BAPEPAM) from Indonesia, the Securities Commission from Malaysia, the Securities and Exchange Commission (SEC) from the Philippines, and the Securities and Exchange Commission (SEC) from Thailand.
In the afternoon of 11 November, AFCRA members will gather for their annual meeting. The participants will include the four founding members -- PT Pefindo Credit Rating Indonesia Ltd. (PEFINDO), Rating Agency Malaysia Berhad (RAM), Philippine Rating Services Corporation (PhilRatings) and Thai Rating and Information Services Co., Ltd. (TRIS), and two new members -- PT Kasnic Duff & Phelps Credit Rating Indonesia and Malaysian Rating Corporation Berhad (MARC).
Dr. Warapatr said that AFCRA members will discuss the training and credit rating skill development seminar for their staffs, an activity that AFCRA members have found very beneficial. Every year, an AFCRA member takes a turn as host of the AFCRA Training Seminar and invites experts in various related fields from professional credit rating agencies or organizations worldwide to conduct training courses for AFCRA members' staffs. The seminars are also useful forums for the analysts of AFCRA members to share with one another their experiences and ideas in credit rating. Dr. Warapatr said that TRIS will volunteer to host the next AFCRA Training Seminar in Bangkok early next year on the topic "Project Finance Rating."
Besides training activities, AFCRA members will also discuss the development of an AFCRA website to provide easy access to AFCRA members' activities, Dr. Warapatr said.