Standardized industry classification implementation extended for credit rating agencies to accommodate CRA representations and ensure compliance. Extension of the applicability date for implementation of a standardized industry classification by registered credit rating agencies is granted following representations from CRAs; the circular invokes SEBI's regulatory powers under applicable Act and Regulations to protect investors and regulate the securities market, and is directed to all CRAs and recognised stock exchanges with departmental contact details for queries.
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Provisions expressly mentioned in the judgment/order text.
Standardized industry classification implementation extended for credit rating agencies to accommodate CRA representations and ensure compliance.
Extension of the applicability date for implementation of a standardized industry classification by registered credit rating agencies is granted following representations from CRAs; the circular invokes SEBI's regulatory powers under applicable Act and Regulations to protect investors and regulate the securities market, and is directed to all CRAs and recognised stock exchanges with departmental contact details for queries.
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