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of <h1>SEBI Updates Credit Rating Agencies Regulations: Key Amendments Align with Companies Act 2013 and Expand Ratings Scope.</h1> The Securities and Exchange Board of India (SEBI) has amended the Credit Rating Agencies Regulations of 1999, effective from their publication in the Official Gazette. Key changes include updating references from the Companies Act, 1956 to the Companies Act, 2013 in various clauses. The amendments clarify the scope of credit ratings to include securities listed or proposed to be listed on recognized stock exchanges. They also specify that ratings under financial sector guidelines fall under the respective regulator's purview. Additionally, SEBI is empowered to investigate complaints related to credit rating agencies concerning listed securities.
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