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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

Enabling ESG Rating Providers (ERPs) to undertake ESG rating activities under IFSCA

19-Jul-2024 | SEBI/HO/DDHS/DDHS-POD3/P/CIR/2024/103

SEBI has issued a circular on Enabling ESG Rating Providers (ERPs) to undertake ESG rating activities under IFSCA.

By virtue of the circular, International Financial Services Centres Authority (IFSCA) is added to the list of financial sector regulators/ authorities as specified in Annexure 4 of the Master Circular for ESG Rating Providers.

Therefore, any issue arising from the activities of such SEBI registered ERPs in the IFSC shall be dealt with by IFSCA under the powers exercisable under Section 12 and 13 of IFSCA Act and IFSCA shall be responsible for dealing with complaints, enforcement actions and furnishing information to third parties, including statutory or judicial bodies, in respect to the services provided by the ERPs in the IFSC.

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CDSL- Reiteration of SEBI Circular on Norms for sharing and usage of price data for educational purposes

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