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of <h1>ESG Rating Providers Must Meet Comprehensive Transparency, Methodology, and Quality Control Standards Under New Regulatory Framework</h1> The regulation outlines comprehensive requirements for ESG rating providers in India. Key obligations include maintaining robust internal resources, ensuring rating methodologies incorporate contextual Indian market aspects, promptly disclosing ratings and changes, implementing rigorous quality control policies, tracking material developments, and maintaining transparency. The provisions mandate sharing draft reports with rated entities, allowing appeal opportunities, and following specific protocols for subscriber-based models while preserving rating objectivity.
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