DBRS Publishes Updated Master Canadian Structured Finance Surveillance Methodology

DBRS published an updated version of its “Master Canadian Structured Finance Surveillance Methodology” (the Methodology).

DBRS has conducted a periodic review of the Methodology. The DBRS approach for the surveillance of covered bonds issued in Canada has been removed from the Methodology, as it is now covered by the new “Rating and Monitoring Covered Bonds” methodology. This update supersedes the previous version published on May 6, 2019, and is effective as of June 28, 2019. DBRS deems the update not to be material and has determined that no ratings are expected to change as a result of this update.

The Methodology presents the DBRS approach for the surveillance of asset-backed securities and asset-backed commercial paper issued in Canada.

Notes:
DBRS methodologies are publicly available on its website www.dbrs.com under Methodologies & Criteria.

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