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 Details Steps for CRA Registration Suspension or Cancellation; CRAs Must Disclose Orders, Halt New Clients, and Ensure Compliance.</h1> The Securities and Exchange Board of India (SEBI) outlines procedures for the suspension, cancellation, or surrender of a Credit Rating Agency's (CRA) certificate of registration. Upon such actions, the CRA must disclose the order, halt new client engagements, and facilitate client transitions to other registered CRAs. The CRA must continue compliance with SEBI regulations, cooperate with SEBI requests, and manage liabilities. During suspension, credit ratings are invalid, while upon cancellation or surrender, ratings remain valid until reassigned or withdrawn. Listed entities must seek ratings from other registered CRAs, and specific SEBI circular provisions are waived to aid migration.