Credit Rating Services Act, 2012 (Act No. 24 of 2012)Chapter 3 : Duties of Registered Credit Rating Agency12. Outsourcing and other services |
| (1) | A registered credit rating agency may not, without the prior written approval of the registrar, outsource any of its operational functions, save for outsourcing to an entity in the same group as the registered credit rating agency. |
| (2) | A registered credit rating agency may provide services ancillary to its credit rating services, as prescribed by the registrar. |