DBRS Finalizes Operational Risk Assessment for European Structured Finance Originators

DBRS Ratings Limited (DBRS) has today finalized its new methodology titled “Operational Risk Assessment for European Structured Finance Originators” (the Methodology). This methodology has been finalized following the conclusion of the Request for Comment period beginning on October 15, 2015.

DBRS moved the originator sections from its rating methodologies, as applicable, to the new stand-alone Methodology. The updated rating methodologies will be published separately in due course.

No other significant changes were made to the existing methodologies. DBRS does not deem the methodology updates to be material and does not expect any rating actions as a result of these updates.

No comments were received during the comment period and therefore the final versions contain no changes to the initial versions of the methodologies.

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

The complete “Operational Risk Assessment for European Structured Finance Originators” methodology can be found by clicking on the link under Related Research at the right of the screen.

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