Newsroom → Regulatory

Regulatory Tracker expanded to cover IOSCO, SEBI, MAS and Japan FSA codes of conduct

The tracker's Ratings & Market Oversight theme now spans six regulators across five jurisdictions.

Regulatory
22 April 2026
press@syneratings.com for media enquiries

SYNE Ratings today announced an expansion of its Regulatory Tracker's Ratings & Market Oversight theme, adding coverage of IOSCO's Principles for Ratings and Rating Outlooks, India's SEBI credit rating agency regulations, Singapore's MAS code of conduct, and Japan's FSA code of conduct for credit rating agencies.

The expansion brings the theme's total coverage to six regulators across five jurisdictions, alongside the EU CRA Regulation and UK FCA Code of Conduct already tracked. Each entry maps the specific provision to how SYNE's own governance and methodology practices satisfy it, rather than simply summarising the regulation in isolation.

The Tracker is updated on a rolling basis as regulators issue consultations or final rules, with subscribers receiving a summary of material changes at the start of each quarter.

“Ratings agencies operating across multiple markets end up tracking the same underlying independence and disclosure principles restated slightly differently by five or six regulators. Mapping them side by side, against how we actually satisfy each one, is exactly the kind of detail our subscribers have been asking the Tracker to cover.”

Kenji Watanabe, Head of Regulatory Affairs, APAC, SYNE Ratings
About SYNE Ratings

Company boilerplate.

SYNE Ratings is an independent provider of ESG, sustainability, carbon and supplier ratings, licensed across 71 countries. SYNE's ratings are built on a shared, published methodology and a common AAA–D grade scale, and are positioned on the SYNE Index - a two-axis benchmark combining standards alignment with data quality and assurance.

SYNE operates under the EU ESG Ratings Regulation (ESMA 2023/2631) and the FCA Code of Conduct, and has adopted equivalent voluntary codes in other markets including Singapore's MAS and Japan's FSA. SYNE Ratings is incorporated as SYNE Limited (United Kingdom and New Zealand), SYNE Australia Pty Limited, SYNE Ratings Private Limited (India), and SYNE Inc. (Canada and the United States).

Media contact: press@syneratings.com