SEBI Revises Timelines for CRAs to Review Ratings and Publications of Press Releases
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- Last Updated on 14 January, 2025
Latest from Taxmann
Circular no. SEBI/HO/DDHS/DDHS-PoD-3/P/CIR/2025/002; Dated: 07.01.2025
SEBI has revised the timelines for CRAs to review ratings and publish press releases. This is done to promote ease of doing business and bring about uniformity in dealing with rating reviews and press releases by CRAs. Accordingly, CRAs must now publish a press release on their website regarding the rating action, if warranted, immediately but not later than 7 working days of occurrence of the said event. The circular shall be applicable with immediate effect.
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