Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Amends Credit Rating Agencies Regulations: New Rules for Rating Withdrawal Protect Investors, Effective June 6, 2018.</h1> The Securities and Exchange Board of India (SEBI) issued an amendment to the Credit Rating Agencies Regulations, 1999, effective June 6, 2018. The amendment allows a credit rating agency (CRA) to withdraw a rating if it has rated an instrument for at least five years or 50% of its tenure, whichever is longer, and if the issuer provides an undertaking that a rating is available. Upon withdrawal, the CRA must assign a new rating and issue a press release explaining the withdrawal. This amendment aims to protect investor interests and regulate the securities market.