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    <title>SEBI Introduces Framework for Past Risk and Return Verification Agencies Under Credit Rating Regulations</title>
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    <description>SEBI has amended the Credit Rating Agencies Regulations, 1999 by introducing Chapter IIA through notification dated March 20, 2025. The amendment establishes a framework for &quot;Past Risk and Return Verification Agency&quot; activities, allowing credit rating agencies to perform this function with SEBI&#039;s approval under specified conditions. Per the new Regulation 12A, approved credit rating agencies must engage a recognized stock exchange as a &quot;Past Risk and Return Verification Agency Data Centre.&quot; The amendment comes into force immediately upon publication in the Official Gazette and creates a new regulatory category while maintaining existing credit rating agency operations under the primary regulations.</description>
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    <pubDate>Mon, 24 Mar 2025 17:45:09 +0530</pubDate>
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