The Securities and Exchange Board of India (SEBI) on March 20, 2025, notified the Securities and Exchange Board of India (Credit Rating Agencies) (Amendment) Regulations, 2025 to further amend the Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999.
The following has been stated: -
•After Chapter II and before Chapter III, the following new chapter shall be inserted, namely, ─
Chapter IIA Past Risk and Return Verification Agency
Recognition of an eligible credit rating agency as a Past Risk and Return Verification Agency.
They shall come into force on March 21, 2025.
The detailed notification is given in the document below.
[Notification No. F. No. SEBI/LAD-NRO/GN/2025/236]
