The Risk of Artificial Intelligence in Credit Ratings: Exploring the Efficiency, Development and Impact

This book examines the modern incorporation of AI technologies into the provision of credit ratings from the largest credit rating agencies. The book presents an introductory foray into the world of AI, including Generative AI. The development within the credit rating space is then reviewed, before a regulatory perspective is applied. The book concludes with clear recommendations for policy makers needing to stay ahead of this fast-developing sector of the Financial Services arena.