Disclosure of non-cooperative issuers requires CRAs to publish and daily-update two segregated public lists and report compliance. CRAs must publish two separate public lists of non-cooperative issuers-(i) listed or proposed-to-be-listed securities and (ii) other ratings-showing issuer name, date of categorisation as non-cooperative, and a link to the issuer's press releases; these disclosures must be updated daily. The obligation is effective July 15, 2023, with CRAs required to report board-ratified compliance within one quarter and subject to half-yearly internal audit monitoring under the CRA Regulations.
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.
Disclosure of non-cooperative issuers requires CRAs to publish and daily-update two segregated public lists and report compliance.
CRAs must publish two separate public lists of non-cooperative issuers-(i) listed or proposed-to-be-listed securities and (ii) other ratings-showing issuer name, date of categorisation as non-cooperative, and a link to the issuer's press releases; these disclosures must be updated daily. The obligation is effective July 15, 2023, with CRAs required to report board-ratified compliance within one quarter and subject to half-yearly internal audit monitoring under the CRA Regulations.
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