Individuals involved with the credit rating process at member agencies shall agree to and abide by the following :

1. Credit Rating is a function of serious responsibility and any and all persons exercising the function shall view it as a matter of great trust.
   
   
2. Members of credit rating boards / rating committees and any staff member participating in any way in the credit rating decision making, shall always apply to the credit rating process the highest degree of integrity, competence, objectivity and thoroughness, worthy of the trust the function requires.
   
   
3. Although Credit Rating is a matter of opinion, it shall be reached through a formal and professional process, which is supported by appropriate objective criteria and based on information considered adequate and reliable by the rating agency.