The upgrade is part of a current trend in emerging market debt catching up to the A rating standards of the core economies.
Regulations supporting effective disclosure, as well as improved audit, accounting and risk-rating standards, should be preferred to restrictive regulatory controls that block innovation and growth.
Most of the world already uses the USGA's course rating and Slope standards, but CONGU relies mainly on its own system and Australia does not yet use Slope, although it will by the end of 2013.
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Redcar and Cleveland Borough Council says that since it introduced the RDB rating scheme in 2001, standards of care homes across the borough have improved.
McCain voted for the 2001 law, which has given the federal government unprecedented authority over testing, academic standards and the rating of the nation's public schools.
The new rating of adequate by the education standards authority means the service "meets minimum requirements".
This game will pull a national-TV rating that's huge by sports standards: If precedent holds it will likely outdraw most games of Major League Baseball's World Series.
The watchdog will now no longer give a satisfactory rating to any provider which fails to meet any of the national standards or regulations.
Although Norinchukin is not legally obliged to rescue them, it will come under political pressure to do so, weakening its deteriorating credit rating and so its ability to borrow internationally at what are by Japanese standards cheap rates in the markets.
But there is no doubt that the summit's action plan includes a long list of financial sector dimensions to be addressed, including: accounting standards, hedge funds, risk disclosures, financial sector assessments, credit rating agencies, risk-management and stress-testing models, international standard setters, sanctions for misconduct, reporting to supervisors in different countries, and more.
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