How SECP monitors Credit rating agencies?

1 ANSWERS

1. Guest22807913
   

   SECP monitors Credit rating agencies in the following way: Providing necessary relaxations from the requirements of the Companies (Issue of Capital ) Rules , 1996 and listing regulations of stock exchanges , in case of issuance of securities Providing necessary relaxations from the requirements of Ballotters, Transfer Agents and Under writers Rules Approving Employees Stock Option Schemes Processing cases of violations of section 18A of the Securities and Exchange Ordinance,1969. Issuing and Renewing Certificate of Registration: Reviewing documents and reports filled by the credit rating companies. Examining of the existing legal framework for credit rating companies Monitoring of the intermediaries associated with IPOs

   Report (0) (0)  |   1 year, 2 month(s) ago