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

SEBI issues Securities and Exchange Board of India (Credit Rating Agencies) (Amendment) Regulations, 2026

13-Jan-2026 | SEBI/LAD-NRO/GN/2026/293

SEBI has issued the Securities and Exchange Board of India (Credit Rating Agencies) (Amendment) Regulations, 2026, which are effective from 15 January 2026.

Pursuant to these Amendment Regulations, in regulation 9(f), the existing provision stating that the regulations do not prevent a credit rating agency from carrying out any activity specified, or rating of financial instruments under the respective guidelines of a financial sector regulator or any authority as specified by the Board, has been substituted with the following:

"Nothing contained in these regulations shall preclude a credit rating agency from carrying out any other activity as may be specified by the Board or carrying out rating of financial instruments under the purview of any other financial sector regulator or authority, as may be specified by the Board."

Further, the proviso to regulation 9(f), which required segregation of all other activities into a separate entity within a period of two years from the date of notification of the Securities and Exchange Board of India (Credit Rating Agencies) (Amendment) Regulations, 2018, has been removed.

Kindly refer to the attached document for further details.

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