Regulatory Alerts2025-09-01
Added · Updated
VIS Credit Rating Company Limited Second Party Opinion Methodology
VIS Credit Rating Company Limited has published a methodology establishing independent Second Party Opinions and annual surveillance for green, social, and sustainable financing frameworks and instruments. The framework requires issuers to demonstrate alignment with recognized standards such as ICMA principles, SECP and State Bank of Pakistan guidelines, UN Sustainable Development Goals, and Maqasid Al-Shariah through rigorous evaluation of use of proceeds, project selection, fund management, and reporting. VIS assigns one of four alignment outcomes and conducts post-issuance verification against key performance indicators to ensure ongoing compliance with sustainability objectives.
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