ESG rating provider conduct: must follow the prescribed Code of Conduct, creating a binding compliance obligation under SEBI rules now. Regulation 28J mandates that an ESG rating provider shall abide by the prescribed Code of Conduct set out in the Seventh Schedule to the SEBI (Credit Rating Agencies) Regulations, 1999, creating a binding compliance obligation for entities issuing ESG ratings.
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Provisions expressly mentioned in the judgment/order text.
ESG rating provider conduct: must follow the prescribed Code of Conduct, creating a binding compliance obligation under SEBI rules now.
Regulation 28J mandates that an ESG rating provider shall abide by the prescribed Code of Conduct set out in the Seventh Schedule to the SEBI (Credit Rating Agencies) Regulations, 1999, creating a binding compliance obligation for entities issuing ESG ratings.
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