RESTRICTION ON RATING OF SECURITIES ISSUED BY PROMOTERS OR BY CERTAIN OTHER PERSONS - Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999
RESTRICTION ON RATING OF SECURITIES ISSUED BY PROMOTERS OR BY CERTAIN OTHER PERSONS - Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999
Monitoring of ratings requires continuous surveillance and prompt public dissemination of rating actions, including stock exchange notices. Every credit rating agency must continuously monitor ratings for the lifetime of the securities it rates, except where a rating is withdrawn subject to ... Summary
Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999
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Monitoring of ratings requires continuous surveillance and prompt public dissemination of rating actions, including stock exchange notices.
Every credit rating agency must continuously monitor ratings for the lifetime of the securities it rates, except where a rating is withdrawn subject to regulation 16(3), and must promptly disseminate newly assigned ratings and changes via press releases and websites; for listed company securities the information must also be provided simultaneously to the concerned regional stock exchange and all stock exchanges where the securities are listed.
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