Centralized Database for Corporate Bonds/Debentures
"High Level Expert Committee on Corporate Bonds and Securitization" ("Dr. R.H. Patil Committee") had recommended creation of "Centralized Database of information regarding Bonds". While the information in respect of various bonds/debentures issued by issuers is available in a fragmented manner, it is felt that there is a need for having a comprehensive database on corporate bonds… Read More
Tags: Bond, Central Depository Services Limited, Corporate bond, Credit rating agency, SEBI, Securities and Exchange Board of India, Securitization, Stock exchange
Change of Name of SME Rating Agency of India Limited to SMERA Ratings Limited (SMERA)
RBI/2013-14/326 DBOD.BP.BC.No.59/21.06.007/2013-14 October 17, 2013 The Chairman and Managing Director/The Chief Executive Officer All Scheduled Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, Change of Name of SME Rating Agency of India Limited to SMERA Ratings Limited (SMERA) Please refer to the Master Circular No. DBOD.No.BP.BC.9/21.06.001/2012-13 dated July 1, 2013 on 'Prudential Guidelines… Read More
Tags: Banks, Credit rating agency, India, SEBI, Securities & Exchange Board of India, SME Rating Agency of India, SMERA, SMERA Ratings Limited
TRAI Recommendations on Guidelines for Television Rating Agencies
The Telecom Regulatory Authority of India (TRAI) here today released its recommendations on Guidelines for Television Rating Agencies. The Ministry of Information and Broadcasting (MIB) had requested TRAI to provide its recommendations on issues related to guidelines/accreditation mechanism for accreditation of TRP rating agencies in India, under Section 11(1) (a) of TRAI Act, 1997. It was further… Read More
Tags: Audience measurement, Authority, Credit rating agency, India, La Femme Nikita, Ministry of Information and Broadcasting (India), Telecom Regulatory Authority of India, Television content rating systems
Guidelines for dealing with Conflict of Interest for investment/ trading by CRAs, Access Persons and other employees
CIRCULAR CIR/MIRSD/6/2013 August 28, 2013 To All Credit Rating Agencies (CRAs) registered with SEBI Sub: Guidelines for dealing with Conflict of Interest for investment/ trading by CRAs, Access Persons and other employees 1. SEBI (Credit Rating Agencies) Regulations, 1999 (hereinafter referred to as "the Regulations") and SEBI circular dated May 3, 2010 require every CRA to formulate the… Read More
Tags: Access Person, CRA, Credit rating agency, Mutual fund, Regulation, SEBI, Securities & Exchange Board of India, Securities and Exchange Board of India Act 1992
Revision to the Guidelines on Securitisation Transactions-Reset of Credit Enhancement
RBI/2013-14/111 DBOD.No.BP.BC- 25/21.04.177/2013-14 July 1, 2013 The Chairman and Managing Director / Chief Executive Officer of All Scheduled Commercial Banks (Excluding RRBs and Local Area Banks) and All-India Term Lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Dear Sir, Revision to the Guidelines on Securitisation Transactions-Reset of Credit Enhancement Please refer to the… Read More
Tags: Central bank, Credit enhancement, Credit rating agency, India, National Bank for Agriculture and Rural Development, Principal Chiefs of the Cherokee, Securitization, Small Industries Development Bank of India
TRAI releases consultation paper on Guidelines/Accreditation Mechanism for Television Rating Agencies in India
TRAI has released a consultation paper on Guidelines/Accreditation Mechanism for Television Rating Agencies in India. MIB has sought recommendations of TRAI for laying down comprehensive guidelines/accreditation mechanism for TRP (Television Rating Points) rating agencies in India to ensure transparency and accountability in the rating system. TRP ratings are generated by measuring what is being viewed… Read More
Tags: Audience measurement, Credit rating agency, India, Nielsen ratings, Target rating point, Telecom Regulatory Authority of India, Television, United States
GoI clarification on SEBI (Credit Rating Agencies) Regulations, 1999
According to SEBI (Credit Rating Agencies) Regulations, 1999, a credit rating agency (CRA) shall not offer fee-based services to the rated entities, beyond credit ratings and research. Further, SEBI Guidelines require a CRA to disclose annually : (a) Its total receipt from rating services and non-rating services, (b) Issuer wise percentage share of non-rating income… Read More
Tags: Business, CRA, Credit rating, Credit rating agency, Issuer, Securities and Exchange Board of India
SEBI clarification on sharing of information between Debenture Trustees and Credit Rating Agencies
CIR/MIRSD/3/2013 March 15, 2013 To All Debenture Trustees and Credit Rating Agencies registered with SEBI Sir/ Madam, Sub: Sharing of information regarding issuer companies between Debenture Trustees and Credit Rating Agencies SEBI (Debenture Trustee) Regulations, 1993 require the Debenture Trustees (DTs) to share information regarding the issuer companies that are their clients, with Credit Rating… Read More
Tags: Annexation, Credit rating agency, Debenture, Issuer, Regulation, Securities and Exchange Board of India, Securities and Exchange Board of India Act 1992, Security (finance)
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