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    Question

    According to the IFSCA Circular on Credit Rating

    Agencies (CRAs) in the IFSC (July 2024), what regulatory framework governs the activities of CRAs operating in the IFSC?
    A SEBI (CRA) Regulations, 2015 Correct Answer Incorrect Answer
    B IFSCA (Fund Management) Regulations, 2022 Correct Answer Incorrect Answer
    C IFSCA (Capital Market Intermediaries) Regulations, 2021 Correct Answer Incorrect Answer
    D Basel III Framework Correct Answer Incorrect Answer
    E IFSCA (Investment Advisors) Regulations, 2020 Correct Answer Incorrect Answer

    Solution

    The circular specifies that the activities of CRAs operating in the IFSC will be governed by the IFSCA (Capital Market Intermediaries) Regulations, 2021.

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