About S&I Ratings

INTRODUCTION

S&I Ratings Joint Stock Company (hereinafter referred to as “the Company” or “S&I Ratings”) is committed to implementing necessary measures to prevent and mitigate conflicts of interest that may affect the principle of “independence and objectivity” in credit rating activities as stipulated in Decree No. 88/2014/ND-CP and Decree No. 151/2018/ND-CP, as well as ensuring the establishment, maintenance, and enforcement of fundamental principles related to the activities of credit rating organizations of the International Organization of Securities Commissions (“IOSCO Principles”), and the ethical standards in the code of ethics according to the standards of the International Organization of Securities Commissions (hereinafter referred to as “IOSCO Code”).

To fulfill the above commitment, the Company establishes and implements the Policy for Prevention and Handling of Conflicts of Interest in Credit Rating Activities (hereinafter referred to as the “Conflict of Interest Prevention Policy” or “Policy”) which includes the following basic provisions:

Part 1: Commitment to Quality and Transparency in the Credit Rating Process

Part 2: Identifying Conflict of Interest Risks

Part 3: Regulations on Prevention and Handling of Conflicts of Interest

1. Code of professional ethics for employees and individuals involved in the credit rating process
2. Policy on separating credit rating activities from other business activities
3. Policy on separating credit rating activities from commercial activities serving the credit rating service business
4. Pre-check – Reviewing conflicts of interest before providing services
5. Internal Control Policy
6. Complaints and Handling of Complaints

Part 4: Post-check and Information Security

1. Post-check
2. Reviewing the work of Analysts who have resigned
3. Information Security

See the detailed Code of Ethics in Credit Rating Activities of S&I Ratings here.