The Credit Research Initiative ("CRI"), and the National University of Singapore ("NUS") are not recognized as Credit Rating Agencies (CRA) by the Monetary Authority of Singapore (MAS), and thus are not regulated under the Securities and Futures Act (SFA) of Singapore. Consequently, the CRI and NUS are not licensed under the Capital Markets Services (CMS) regime, and have no licensing obligations under the CMS. The CRI and NUS are not officially recognized or accredited as credit rating agencies in any other jurisdiction. Users should not use or rely on data available on this website to comply with applicable laws or regulations that prescribe the use of ratings issued by accredited or otherwise recognized credit rating agencies.
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