date:Oct 15, 2012
ystem, are also popular measures to ensure liquidity.
Relocation of listings and accessing capital through subsidiaries in other jurisdictions were scenarios that came to the fore in Fitch's 'war game' exercise in August, which identified the likely responses to a hypothetical euro-exit crisis and the effectiveness of those responses in disentangling corporates from the sovereign risk of their home jurisdictions.
Fitch has also reiterated its fundamentals-driven approach to rating links betwee