S&P Global to withdraw ratings on all Russian entities
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S&P Global to withdraw ratings on all Russian entities

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S&P Global Ratings will withdraw all of its outstanding ratings on Russian entities before 15 April, after the European Union (EU) announced a deadline for a ban on the provision of credit ratings to companies established in the country.

The ratings agency already announced the suspension of its own operations in Russia earlier this month.

After the EU subsequently announced on March 15 that the provision of credit ratings to ‘legal persons’, entities, or bodies established in Russia’ would...

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