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SEBI - Highlights / Catch Notes

Home Highlights July 2024 Year 2024 This

SEBI enables Credit Rating Agencies (CRAs) to undertake rating ...


SEBI allows CRAs to rate under IFSCA norms. IFSCA to oversee CRAs' IFSC ops, complaints & enforcement. Effective immediately.

Circulars     SEBI

July 22, 2024

SEBI enables Credit Rating Agencies (CRAs) to undertake rating activities under International Financial Services Centres Authority (IFSCA) guidelines. Issues arising from CRAs' IFSC activities will be dealt with by IFSCA under its powers. IFSCA will handle complaints, enforcement actions, and information sharing regarding CRAs' IFSC services. The circular is immediately effective, exercising SEBI's powers under relevant laws and regulations.

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