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Foster & Ajax: Difference between revisions

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==History==
==History==
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==Organization==
==Organization==
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At the top of the organization, the leading decisionmaking body, named the Presiding Council, is a group of 27 people. Because of the governmental oversight law, the [[National Assembly of Walneria|National Assembly]] has to hold a vote about approving each candidate, with 5 candidates being elected by the Assembly-controlled [[Walnerian Central Bank]]. From the rest, 2 seats are reserved for the [[wikipedia:Chairperson|chairperson]] and [[wikipedia:Chairperson#Vice_chairman_and_deputy_chairman|Vice chairperson]]. Of the 15 remaining seats, 5 are elected by the employees of the company and 10 are elected from among a pool of qualified experts with a certification. Election is held every 6 years, with [[wikipedia:Approval voting|approval voting]] being utilized.
 
The council can not propose a change to rating on their own. Proposals to change ratings (or to approve new ratings) come from an expert operative (which are tasked with keeping track of smaller companies and independent contractors defined by special regulation, or by at least two of the four established "advisory groups", which are formed by a large group of experts (politologists/jurists, economists, technicians/engineers, psychologists/psychiatrists).
 
The decision of the rating agency may be later questioned by the 15-member-large Collegium of the [[Walnerian Central Bank]], which is tied to the agency's rating via the F&A-[[Tyrámen Stock Exchange|TSE]] direct correspondence.


==Ratings==
==Ratings==
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===Rating levels===
===Rating levels===
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{| class="wikitable"
{| class="wikitable"
!rowspan=2|Rank !!rowspan=2|Explanation !!colspan=5|Investment recommendation
!rowspan=2|Rank !!rowspan=2|Explanation !!colspan=5|Investment recommendation
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===Special ratings===
===Special ratings===
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{| class="wikitable"
{| class="wikitable"
!rowspan=2|Rank !!rowspan=2|Explanation !!colspan=5|Investment recommendation
!rowspan=2|Rank !!rowspan=2|Explanation !!colspan=5|Investment recommendation
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===Overall rating===
===Overall rating===
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==Oversight==
==Oversight==
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Revision as of 16:38, 12 July 2022

Foster & Ajax Global Ratings
Subsidiary
IndustryFinancial services
Founded1903; 121 years ago (1903)
1971; 53 years ago (1971) (present corporation status)
FounderRobert Foster and Viliam Stephen Ajax
Headquarters,
RevenueIncreaseUS$2.61 billion (2011)
Number of employees
10,000+

Foster & Ajax Global Ratings (Walnerian: Foster & Ajax Veltvaltunk) is an Walnerian credit rating agency (CRA) that publishes financial research and analysis on stocks, bonds, and commodities. It is the biggest credit rating agency stationed in Walneria and its ratings have had a notable impact on economical activities both in and outside of Walneria. Its rating is usually adopted by the Walnerian Central Bank's 15-members-large collegium, which runs the Tyrámen Stock Exchange.

History

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Organization

At the top of the organization, the leading decisionmaking body, named the Presiding Council, is a group of 27 people. Because of the governmental oversight law, the National Assembly has to hold a vote about approving each candidate, with 5 candidates being elected by the Assembly-controlled Walnerian Central Bank. From the rest, 2 seats are reserved for the chairperson and Vice chairperson. Of the 15 remaining seats, 5 are elected by the employees of the company and 10 are elected from among a pool of qualified experts with a certification. Election is held every 6 years, with approval voting being utilized.

The council can not propose a change to rating on their own. Proposals to change ratings (or to approve new ratings) come from an expert operative (which are tasked with keeping track of smaller companies and independent contractors defined by special regulation, or by at least two of the four established "advisory groups", which are formed by a large group of experts (politologists/jurists, economists, technicians/engineers, psychologists/psychiatrists).

The decision of the rating agency may be later questioned by the 15-member-large Collegium of the Walnerian Central Bank, which is tied to the agency's rating via the F&A-TSE direct correspondence.

Ratings

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Rating levels

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Rank Explanation Investment recommendation
GVT GONGO FIN CO PRIV
AAA Safest investment in this remedy, you may not consider cautions beside those of the nature of your investment Yes Yes Yes Yes Yes
AA Safe investment in this remedy, potential risks are minimal and may be effectively ignored Yes Yes Yes Yes Yes
A Safe investment. Despite dangers, on the longer scale, investment returns are almost guaranteed to return Yes Yes Yes Yes
B Relatively safe investment, though possible future change may threaten the stability Yes Yes Yes
C Medium danger investment. The benefits are thought to outweigh the negatives, but the situation may change with little notice No Yes Yes
D Fluctuating danger. It is hard to predict the danger of development and as such any investment should be taken with caution No No Yes
E Fluctuating danger with a serious possibility of the loss of not only the gains, but also the initial investment in a small span of time No No No
F Dangerous investment. It is discouraged for investors to invest into the remedy of this rank for the threat of an imminent loss No No No No
FF Very dangerous investment. Any investment to this rank is in serious threat of being lost overnight No No No No No
FFF Extremely dangerous investment. Any investment to this rank should be considered to be effectively lost No No No No No

Special ratings

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Rank Explanation Investment recommendation
GVT GONGO FIN CO PRIV
SA Only governmental investment can be protected by local authorities Yes No No No
SI Investment's safety may rely on the possibilities of the company to defend it Yes Yes No No
BF It is safe for only big companies to invest because of competetive enviroment with little oversight Yes Yes No
SS Local authorities require investors to stand apolitical and may in future impose regulations on foreign trade No Yes Yes No
GP Governmental investment is threatened by protectionist policies, without effect on private companies No Yes Yes Yes
GB Governmental investment is blocked and is risky, without effect on private companies No No Yes Yes

Overall rating

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Oversight

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Controversy over Stedoria

See also: 2021 Stedorian-Walnerian Economic War

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