Monitoring requirement: issuer proceeds must be tracked by a registered credit rating agency and reports publicly shared quarterly. Issuance proceeds above a specified threshold must be monitored by a credit rating agency registered with the Board. The monitoring agency must submit standardized quarterly reports in the Schedule XI format until a defined utilisation threshold is met. The issuer's board and management must comment on the findings, and the issuer must publicly disseminate each quarterly report within forty five days of quarter end by uploading it to its website and submitting it to its stock exchange(s).