Article: Moody's Investors Service Issues First Report on Implementation of its Code of Professional Conduct.

NEW YORK, April 12 /PRNewswire/ -- Moody's Investors Service ("Moody's") announced today that it has issued its first annual report related to its Code of Professional Conduct ("Moody's Code"). The Moody's Code sets forth the overall policies through which Moody's seeks to further its objectives to protect the integrity, objectivity and transparency of its credit rating process.

Moody's published the Moody's Code in June, 2005, pursuant to the International Organization of Securities Commissions' Code of Conduct Fundamentals for Credit Rating Agencies ("IOSCO Code"). The IOSCO Code was the product of two years of collaborative effort by global regulatory ...

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