ESG rating review obligations require annual reassessment, restricted withdrawal and disclosure when ratings rely on best available information. ESG rating providers must review published ESG ratings at least annually and may withdraw ratings only in limited circumstances; withdrawal must follow documented policies disclosed on their websites. If an issuer refuses contractual cooperation, the provider shall review using the best available information as prescribed and must disclose to investors when a rating is based on such information due to non cooperation.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
ESG rating review obligations require annual reassessment, restricted withdrawal and disclosure when ratings rely on best available information.
ESG rating providers must review published ESG ratings at least annually and may withdraw ratings only in limited circumstances; withdrawal must follow documented policies disclosed on their websites. If an issuer refuses contractual cooperation, the provider shall review using the best available information as prescribed and must disclose to investors when a rating is based on such information due to non cooperation.
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