Securities and Exchange Board of India (SEBI )  SEBI/HO/CDMRD/DMP/P/CIR/2022/64MASTER CIRCULAR MAY 17, 2022 Managing Directors/Chief Executive Officers All Stock Exchanges and Clearing Corporations with Commodity Derivatives Segment Sub: Commodity Derivatives Market Master Circular 1.In order to guarantee the availability of complete information indicated in commodity derivatives market circulars in one location, SEBI has started producing Master Circulars including information given in different commodity derivatives sector circulars. The references in the circular to the statutes/regulations that […]

To, All Credit Rating Agencies registered with SEBI Standardisation of Ratings Scales Used by credit rating agencies – Extension of timeline for implementation SEBI instructed credit rating agencies to either align their rating scales with the rating scales established under the SEBI/HO/MIRSD/MIRSD_CRADT/P/CIR/2021/594 circular dated July 16, 2021 in order to standardise the use of rating scales.Regulation (f) of the Financial Services Act establishes criteria for each financial sector regulator or body.In the absence of the SEBI (Credit Rating Agencies) Regulations, 1999, ratings should be followed,scales set out in the Board’s circular dated June 15, 2011, or any other scales set forth in the Board’s circular dated June 13, 2019, or any other scales set forth in the Board’sBy March 31, 2022, the Board will have published a circular. Credit rating agencies have submitted requests for an extension of the date on which the requirements of section B of the aforementioned circular become effective. It has been decided to prolong the date of application of section B of the aforementioned circular due to representations received from credit rating agencies.On or before June 30, 2022, credit rating agencies must ensure compliance with the requirements/ conditions of section B of the aforementioned circular. This circular is issued in the exercise of the powers conferred on the Securities and Exchange Board of India by Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with the provisions of Regulation 20 of the Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999, to protect the interests of investors in securities and to promote the development and regulation of the securities market. For More Details and understanding the benefits CS Devyani Khambhati +91-98256-12234 Estabizz Fintech Private Limited  

To All credit rating agencies registered with SEBI Industry sector standardization—applicability to credit rating agencies The Market Data Advisory Committee (MDAC), a SEBI-established standing committee comprised of representatives from stock exchanges, depositories, and other market participants, examined existing industry classification structures across sectors and developed a harmonised four-level industry classification framework for adoption by all stakeholders and for all relevant processes/ purposes in the Indian securities market (Classification placed at Annexure A) Credit rating agencies […]

BIS Certification International Organization for Standardization (ISO) is a global office laid out in the year 1947 in Geneva, Switzerland. Its goal is to distribute international norms and guarantee that goods being given to people in general are best in quality and their usage is quite safe. As of April 2018, there are 161 member nations and every member nation has a government directed body to carry on the comparative functionals nationally. For India, the […]

The Securities and Exchange Board of India (SEBI) has come out with a framework for segregation and monitoring of collateral at client level. The regulator said the move is aimed at strengthening the mechanism of protection of client collateral from misuse and default of brokers. There has been several instances in the recent past of brokers defaulting and misusing clients securities and funds. SEBI said clearing corporations should specify a reporting mechanism that would provide […]