Last Reviewed On: October 21, 2021 (Version 4)
In line with SEBI’s circular CIR/MIRSD/24/2011 dated December 15, 2011, Acuité does not outsource activities related to rating execution and regulatory compliance functions.
On-Roll Employees:
Activities related to rating execution performed by full-time on-roll employees:
Off-Roll Associates:
Activities performed by full-time associates (on payroll of a third party) who use the physical infrastructure, network systems and IT assets that are owned and in full control of Acuite:
Acuite hires associates who are on a contract with a third-party service provider purely from a payroll processing perspective.
None of the activities pertaining to rating is outsourced to any third-party organisation where Acuite has ceded control of its IT assets & infrastructure, network systems & processes.
Non-Core* activities outsourced by Acuite:
Activities that Acuite has outsourced include managing certain associates for business development, hiring candidates using the services of recruitment consultants, payroll processing & payroll compliance related activities.
Wherever necessary, Acuite will outsource the following activities (all based on publicly available information sources):
*The classification of core and non-core activities is as approved by Ratings Sub-Committee.