Regulatory Alerts2025-07-01
Added · Updated
PACRA Policy on Announcement and Dissemination of Ratings
The Pakistan Credit Rating Agency Limited (PACRA) issued this policy to standardize the public announcement and dissemination of its rating actions through press releases and detailed reports. The framework mandates that all public ratings be disseminated within one working day via PACRA’s website, the Associated Press of Pakistan, and designated financial regulatory bodies, while preserving a pre-publication issuer review period. It aligns PACRA’s dissemination practices with the SECP Credit Rating Companies Regulations, 2016, by defining specific timelines for initial, preliminary, and review ratings and establishing clear protocols to prevent selective disclosure.
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