All posts tagged "Credit Rating Agencies"

SEBI Updates Rules for Centralised Corporate Bond Database

The updated rules aim to further streamline the centralised database and provide further ease of access of information for investors.

SEBI Issues Guidelines for CRAs on Issuing Provisional Ratings

Credit rating agencies cannot assign a rating, including provisional decisions, to an issuer or client evaluating strategic decisions.

SEBI Requires Intermediaries to Seek Approval for Change in Control

IOSCO Reviews Impact of Govt Support on Credit Ratings

Government support measures played a “significant role” in alleviating the downward pressure on credit ratings, IOSCO found in its review.

Credit Quality Assessment a Challenge for China Bond Investors

Challenges assessing the credit quality of underlying corporates in China's onshore bond market has been one of the key barriers for foreign investors, ICMA says in a new report.

Indonesia Prepares to Launch Sovereign Wealth Fund

Indonesia will need to pay particular attention to the governance of the new fund, as Malaysia's 1MDB scandal still looms large in the minds of global investors.

China Outlines Ambitious Plan on Climate Investment and Finance

The plan, backed by five government agencies, includes the introduction of a carbon market and two-way cross-border participation in green finance and climate-friendly investment.

SEBI Quadruples Penalties Against CRAs Over IL&FS Failures

In December, SEBI issued INR 2.5 million penalty orders against ICRA, India Ratings & Research and Care Ratings. This has been raised to INR 10 million.

IOSCO to Harmonise Global ESG Disclosure Frameworks – Report

A new IOSCO taskforce will work to identify commonalities across sustainability disclosure standards from across the world to develop principles-based guidelines.

SEBI Revises Mutual Fund Side Pocketing Standards

Previously, only debt securities downgraded below investment grade can be side pocketed. Side pocketing will be allowed for even higher-rated debts that are restructured due to Covid-19.