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        SEBI

        Standardisation of Ratings Scales Used by credit rating agencies - Extension of timeline for implementation

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        Standardisation of rating scales extended: credit rating agencies must comply with section B requirements by June 30. SEBI has extended the date for applicability of section B of its July 16, 2021 circular on standardisation of rating scales; all registered credit rating agencies must ensure compliance with the section B requirements on or before June 30, 2022, aligning scales with relevant financial-sector regulator-prescribed scales or Board-prescribed scales where applicable.
                          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.

                                Standardisation of rating scales extended: credit rating agencies must comply with section B requirements by June 30.

                                SEBI has extended the date for applicability of section B of its July 16, 2021 circular on standardisation of rating scales; all registered credit rating agencies must ensure compliance with the section B requirements on or before June 30, 2022, aligning scales with relevant financial-sector regulator-prescribed scales or Board-prescribed scales where applicable.


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