Conflicts of interest
modefinance Inventory of Conflicts
modefinance developed internal policies and procedures in order to identify and eliminate or manage and disclose any actual or potential conflicts of interest related to the credit
rating activities, in compliance with the European Regulation on Credit Rating Agencies.
In particular, an inventory of conflicts is regularly updated and maintained: it comes down to a list of cases in which modefinance will avoid proceeding with the rating emission, or will proceed
with the immediate withdrawal of any ratings already issued. In some specific cases, where the impact is limited, rating issuance remains possible, for example by excluding from any rating activity
the involved personnel, or with specific disclosures to rating users, that are reported in any credit rating report and in any press release related to single credit ratings.