Taxmann’s Analysis | Driving Sustainable Growth – SEBI Unveils Game-Changing ESG Rating Norms

· Taxmann Publications Private Limited
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About this ebook

SEBI vide. Notification no. SEBI/LAD-NRO/GN/2023/136, dated 03.07.2023, has notified the SEBI (Credit Rating Agencies) (Amendment) Regulations, 2023, whereby a new chapter called ‘ESG Rating Providers’ has been introduced, which prescribes provisions relating to:

‣ Applicability of ESG Rating Provider norms

‣ Registration requirement for acting as ESG rating providers

‣ Eligibility criteria to be registered as an ESG rating provider

‣ Power of SEBI to call for information from the ESG rating provider applicant

‣ Transparency and governance requirements maintained by ESG rating provider

‣ Appointment of Compliance Officer by ESG Rating Providers

‣ Books of Accounts & records maintained by ESG Rating Providers

‣ Provisions relating to shareholding


This article analyses the key amendments issued by SEBI and examines their potential impact on the market.

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5.0
2 reviews
Akash Ahmad
November 18, 2023
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Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of Editor-In-Chief Mr Rakesh Bhargava.

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