Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Sebi issues guidelines to streamline operations of credit rating agencies
Update / Judgement Date
05 Jul 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Markets regulator Sebi has issued new guidelines for credit rating agencies (CRAs) to streamline operations and ease doing business. Effective August 1, 2024, the rules mandate CRAs to communicate ratings within one working day, with companies given three days to appeal. Disclosures must be made within seven days, and CRAs must update non-cooperative issuers daily. The changes aim to enhance transparency and investor protection.