SEBI Issues Guidelines For Credit Rating Agency On Suspension, Cancellation Of Registration Certificate

In case of surrender of certificate, the credit ratings assigned by the CRA whose certificate of registration is being surrendered, will be valid till such time the client withdraws the assignment or migrates to another CRA, or the date of acceptance of surrender by SEBI, whichever is earlier, while in case of suspension of certificate, the credit ratings assigned by the CRA, whose certificate of registration is suspended, will not be valid during the period of suspension.