A registered credit agency must—
(b) | provide the registrar with any information required in terms of this Act; |
(c) | within 14 days of becoming aware of any change, inform the registrar if any information submitted in respect of its application under section 5 has changed; |
(d) | be organised in a way that ensures that its business interest does not impair the independence and integrity of its credits ratings or the accuracy of its credit rating services; |
(e) | have sound administrative and accounting procedures, internal control mechanisms, effective procedures for risk assessment, and effective control and safeguarding arrangements for information-processing systems; |
(f) | establish appropriate and effective organisational and administrative arrangements to— |
(ii) | protect confidential information made available to it by issuers, including prohibiting its analysts and employees from using such information to enter into transactions; |
(g) | employ appropriate systems, resources and procedures to ensure continuity and regularity in the performance of its credit rating services; |
(h) | regularly monitor and evaluate the adequacy and effectiveness of its systems, internal control mechanisms and arrangements and take appropriate measures to address any deficiencies; |
(i) | ensure that at all times it has the necessary knowledge and experience to issue credit ratings and perform its credit rating services; and |
(j) | establish a unit within its organisation whose function is to communicate with investors, potential investors and the public about any questions, concerns or complaints that it may receive. |