DBRS Publishes Updated Master Canadian Structured Finance Surveillance Methodology

DBRS Limited (DBRS) has today published an updated version of its “Master Canadian Structured Finance Surveillance Methodology” (the Methodology), which supersedes the previous version dated May 26, 2014.

This update has minor changes and a new section on the surveillance of franchise loan transactions. Changes made are not material and do not result in any rating actions. The Methodology presents the current DBRS approach for the surveillance of asset-backed securities (ABS), asset-backed commercial paper (ABCP) and covered bonds issued in Canada and is complementary to DBRS’s asset-specific rating approaches.

DBRS criteria and methodologies are publicly available on its website www.dbrs.com under Methodologies.