Valuation requirement for Market Linked Debentures now mandates appointment of an AMFI appointed valuation agency for issuer compliance. Valuation of Market Linked Debentures must be carried out by an AMFI appointed valuation agency; issuers are required to appoint such a third party valuation agency, modifying paragraph 4(f)(i) of the MLD guidelines to replace the previous Credit Rating Agency valuation requirement in light of restrictions on CRA activities.
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Provisions expressly mentioned in the judgment/order text.
Valuation requirement for Market Linked Debentures now mandates appointment of an AMFI appointed valuation agency for issuer compliance.
Valuation of Market Linked Debentures must be carried out by an AMFI appointed valuation agency; issuers are required to appoint such a third party valuation agency, modifying paragraph 4(f)(i) of the MLD guidelines to replace the previous Credit Rating Agency valuation requirement in light of restrictions on CRA activities.
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