Standardisation and Simplification of Procedures for Transmission of Securities
CIRCULAR CIR/MIRSD/10/2013 October 28, 2013 To All recognized Stock Exchanges All Registrars to an Issue and Share Transfer Agents registered with SEBI All Depositories, Sir / Madam, Sub: Standardisation and Simplification of Procedures for Transmission of Securities 1. SEBI has reviewed the process being followed by the Share Transfer Agents (STAs) and the Depositories /… Read More
Tags: Annexation, India, Issuer, SEBI, Securities & Exchange Board of India, Securities and Exchange Board of India Act 1992, Security (finance), Stock exchange
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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