Regulation 15 - Monitoring of ratings - Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999

Monitoring of ratings 15. 1 [(1) Every credit rating agency shall, during the lifetime of securities rated by it continuously monitor the rating of such securities, unless the rating is withdrawn, subject to the provisions of regulation 16(3).] (2) Every credit rating agency shall disseminate information regarding newly assigned ratings, and changes in earlier rating promptly through press releases and websites, and, in the case of securities issued by listed companies, such information shall also be provided simultaneously to the concerned regional stock exchange and to all the stock exchanges where the said securities are listed. ************** NOTES:- 1 Substituted by the SEBI (Credit Rating Agencies)(Amendment) Regulations, 2018, w.e.f. 30-05-2018. Prior to the substitution, it read as (1) Every credit rating agency shall, during the lifetime of securities rated by it continuously monitor the rating of such securities.