Regulation 28T - Confidentiality - Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999

1 [ Confidentiality 28T . (1) Every ESG rating provider shall treat, as confidential, the information supplied to it by any person and shall not disclose the same to any other person except where such disclosure is required or permitted by or under any law for the time being in force or the ESG rating provider has obtained the consent, in writing, of the provider of information. (2) The ESG rating provider shall not use the confidential information, shared by any person for any purpose other than ESG ratings, for undertaking ESG ratings, unless the ESG rating provider obtains the consent, in writing, from the provider of the information. (3) The ESG rating provider shall adopt and implement written policies and procedures to protect all non-public information received related to their ESG rating products. ] *************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/136 dated 03-07-2023