Anjali Sharma and Diya Uday
This technical note is a response to the SEBI Consultation Paper on the Review of Regulatory Framework for Credit Rating Agencies. The two main themes of this response note are a) regulating CRAs for greater transparency and (b) increasing accountability of CRAs. It makes recommendations on the changes required to the legal framework and internal processes to align it with global standards that govern this segment of the financial sector.
Citation: Response to SEBI Consultation Paper on the Review of Regulatory Framework for Credit Rating Agencies, Anjali Sharma and Diya Uday. FRG Policy Note, 2017-09-29 September 2017.