<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Entities connected with a promoter or a rating agency not to be rated</title>
    <link>https://www.taxtmi.com/acts?id=41879</link>
    <description>ESG rating providers are prohibited from rating issuers or securities where material affiliations with the provider&#039;s promoter exist, including borrowers, subsidiaries or associates of the promoter, or where common Chairpersons, directors or employees are present; providers also may not rate their own promoters or issuers they or their associates have promoted. An exception allows rating when there is a common independent director only if that director did not participate in rating discussions and the provider discloses the non-participation and the existence of the common independent director in the rating announcement.</description>
    <language>en-us</language>
    <pubDate>Wed, 05 Jul 2023 18:39:46 +0530</pubDate>
    <lastBuildDate>Thu, 05 Sep 2024 14:41:58 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=718694" rel="self" type="application/rss+xml"/>
    <item>
      <title>Entities connected with a promoter or a rating agency not to be rated</title>
      <link>https://www.taxtmi.com/acts?id=41879</link>
      <description>ESG rating providers are prohibited from rating issuers or securities where material affiliations with the provider&#039;s promoter exist, including borrowers, subsidiaries or associates of the promoter, or where common Chairpersons, directors or employees are present; providers also may not rate their own promoters or issuers they or their associates have promoted. An exception allows rating when there is a common independent director only if that director did not participate in rating discussions and the provider discloses the non-participation and the existence of the common independent director in the rating announcement.</description>
      <category>Act-Rules</category>
      <law>SEBI</law>
      <pubDate>Wed, 05 Jul 2023 18:39:46 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=41879</guid>
    </item>
  </channel>
</rss>