Regulatory Alerts2025-12-19 | 26/21/3409/К03Added · Updated
Decision on Approval of the Procedure and Conditions for Rating Activities
The National Commission for Securities and Stock Market approves the Procedure and Conditions for rating activities, establishing operational, organizational, and other requirements for authorized rating agencies. The regulation mandates specific internal policies, corporate governance structures with independent directors, conflict of interest mechanisms, and outsourcing rules. These requirements apply to all agencies included in the Register of Authorized Rating Agencies and become effective on January 1, 2026.
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