SEBI allows ESG Rating Providers to rate products/issuers in IFSC under IFSCA guidelines. Aims to protect investors & promote market.

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....SEBI has enabled ESG Rating Providers (ERPs) to undertake ESG rating activities under IFSCA guidelines. ERPs can offer ESG ratings for products/issuers as required by IFSCA. IFSCA will deal with issues, complaints, enforcement actions, and information sharing related to ERP services in IFSC. SEBI's circular aims to protect investor interests and promote securities market development by regulating ERPs.....