Press Release

DBRS Requests Comments on Proposed Legal and Derivative Criteria for European Structured Finance Transactions

ABCP, Auto, RMBS
November 17, 2015

DBRS is requesting comments on the proposed “Legal Criteria for European Structured Finance Transactions” and “Derivative Criteria for European Structure Finance Transactions” methodologies.

Comments should be received on or before December 17, 2015. Please submit your comments to the following e-mail address: Structured.Finance.Comments@dbrs.com.

DBRS publishes all comments received on its website except in cases where confidentiality is requested by the respondent.

Proposed updates include revised DBRS counterparty criteria that reflects DBRS’s new Preferential Obligations Rating (POR) as well as more granular rating levels for account bank institutions and eligible investments. The POR is introduced in the “Preferential Obligations Rating Criteria – Request for Comment” methodology. The changes are not anticipated to have an impact on outstanding structured finance ratings.

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

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.