Press Release

DBRS Publishes Updated Legal Criteria for European Structured Finance Transactions Methodology

ABCP, Auto, RMBS
September 11, 2018

DBRS Ratings Limited published its updated “Legal Criteria for European Structured Finance Transactions” (the Methodology). The Methodology outlines DBRS’s approach with respect to legal criteria for rating securitisations and covered bonds issued in Europe.

This update supersedes the previous version published on 28 September 2017. While certain details have been clarified in the Methodology, DBRS deems the changes not to be material and has determined that no ratings are or will be changed as a result of this update.

Notes:
DBRS rating definitions and the terms of use of such ratings are available at www.dbrs.com.

DBRS’s methodologies and criteria are available at www.dbrs.com or by contacting us at info@dbrs.com.