Michael Kanef has moved internally within Moody's Investors Service. Kanef, who was formerly group managing director in ABS, is now the chief regulatory and compliance officer at Moody's. He replaces Jeanne Dering who is retiring. There is no word yet on Kanef's replacement as the rating agency's ABS group is going through a transition period.

Patrick Clerkin, a senior director at Derivative Fitch, recently left the firm to move to Dubai. He will work for a bank based there, company officials confirmed.

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