Regulation 20A - Appointment of Compliance Officer - Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999

1 [20A. Appointment of Compliance Officer (1) Every credit rating agency shall appoint a compliance officer who shall be responsible for monitoring the compliance of the Act, rules and regulations, notifications, guidelines, instructions etc. issued by the Board or the Central Government. (2) The compliance officer shall immediately and independently report to the Board any non-compliance observed by him.] ************* NOTES:- 1 Inserted by the SEBI (Investment Advice by Intermediaries) (Amendment) Regulations, 2001, w.e.f. 29.05.2001.