Regulatory Alerts2025-04-01
Added · Updated
Corporate Governance Rating
VIS Credit Rating Company Limited issues a qualitative framework to assess and assign corporate governance strength ratings (GC 1–GC 9) to institutions based on five weighted parameters: governance structure, self-regulation, financial transparency, stakeholder relations (including ESG), and regulatory compliance. The methodology requires entities to provide transparent, timely information for annual committee reviews and dynamic monitoring, with no changes to the core methodology but a revised scope of criteria for clearer explanation. Ratings serve as third-party opinions on governance quality rather than investment recommendations, aligning with Securities and Exchange Commission of Pakistan (SECP) and State Bank of Pakistan (SBP) standards to enhance investor confidence and long-term capital access.