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<h1>Periodic review obligation requires agencies to reassess published ratings and disclose when based on best available information.</h1> Every credit rating agency must carry out periodic reviews of all published ratings during the lifetime of the securities; if a client does not cooperate, the agency shall review on the basis of the best available information and disclose when a rating is so based; a rating shall not be withdrawn while the obligations under the security are outstanding except where the company is wound up, merged or amalgamated, or as specified by the Board.