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On 06th January 2023, the Securities and Exchange Board of India (SEBI) issued a Circular on Operational Circular for Credit Rating Agencies.
The Securities and Exchange Board of India (Credit Rating Agencies) Regulations,1999 prescribes guidelines for the registration of Credit Rating Agencies (CRAs), general obligations of CRAs, manner of inspection and investigation and code of conduct applicable on CRAs. Multiple circulars have been issued, over the years, covering the operational and procedural aspects thereof.
SEBI Issues Circular in Regard to the Updated Operational Circular for Credit Rating Agencies
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