Amendment to Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999

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Full Text of the Document

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.... 1. Please find enclosed Gazette Notification No. SEBI/LAD-NRO/GN/2018-15 dated May 30, 2018 in respect of Securities and Exchange Board of India (Credit Rating Agencies) (Amendment) Regulations, 2018. 2. In terms of Regulation 16(3) of SEBI (Credit Rating Agencies) Regulations, 1999, a CRA may withdraw a rating, subject to the CRA having: i. rated the instrument continuously for 5 years or 50....