Standardised symbols, definitions and descriptors have been devised for issuer ratings and corporate credit ratings, following consultation with CRAs.
November 2, 2022Credit rating agencies have until 30 January 2023 to submit action plans to the FCA on how they will rectify governance issues.
October 27, 2022The new framework comes after SEBI for the first time cancelled the licence of a CRA, Brickwork Ratings India, and ordered it to wind down its operations within six months.
October 18, 2022The rules require CRAs to make certain disclosures and conduct independent due diligence on the nature of support provided by an external or third party.
September 30, 2022The changes will enhance the transparency and usability of disclosures made by CRAs, SEBI said.
September 1, 2022The standardised framework will help enable uniformity in the classifications being used across sectors and in the securities market, SEBI said.
April 11, 2022SEBI says reliance on unregulated ESG rating providers poses risks to investors, transparency and the efficiency of securities markets.
January 27, 2022The new platform will serve as an interface for credit providers and CRAs to share credit data, as Hong Kong prepares to introduce additional CRAs in the city.
December 20, 2021Singapore’s legislated threshold for cash transactions that are subject to due diligence is higher than the $3,000 threshold set by the FATF.
June 9, 2020