Regulatory Alerts2025-07-01
Added · Updated
Review of Credit Ratings
The Pakistan Credit Rating Agency Limited (PACRA) has issued a comprehensive policy mandating the systematic review of all outstanding credit ratings through initial, preliminary, semi-annual, annual, and interim mechanisms. The framework requires rating analysts to continuously monitor issuers, conduct structured assessments involving data collection and Rating Committee approval, and publicly disseminate rating actions for public obligations. It also establishes a formal stakeholder request process allowing issuers, investors, and creditors to challenge ratings based on missed or new information, ensuring timely revisions while maintaining strict compliance with SECP regulations.
Share