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
Record retention obligations require credit rating agencies to keep specified records and notify the regulator of their storage location. Credit rating agencies must retain specified books, records and documents for a minimum statutory period, including balance sheets, profit and loss ... Summary
Record retention obligations require credit rating agencies to keep specified records and notify the regulator of their storage location.
Credit rating agencies must retain specified books, records and documents for a minimum statutory period, including balance sheets, profit and loss accounts, auditor reports, client agreements and information, correspondence, ratings data (including upgrades and downgrades), rating notes, rating committee decisions, rating letters, particulars of fees and other records the Board may specify, and must inform the Board of the location where these records are maintained.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.