Code of Professional Ethics

IBI-Rating developed and approved the Code of Professional Ethics, which is based on the principles set out in the Code of Conduct Fundamentals for Credit Rating Agencies, developed by IOSCO’s Technical Committee.

IBI-Rating undertakes to fulfill the provisions of the Code of Professional Ethics in order to create conditions for the protection of investors, issuers and other market participants by providing them with independent, objective and professional services. The provisions laid down in the Code govern the quality and integrity of the rating process of IBI-Rating, the rating agency’s responsibility towards investors, issuers and other market participants; the Code also contains the provisions that prevent appearance of a conflict of interest.