DBRS Publishes Updated Canadian Structured Finance Surveillance Methodology

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

The update supersedes the previous version published on May 16, 2016. 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 these updates.

The Methodology presents the current DBRS approach for the surveillance of asset-backed securities, asset-backed commercial paper and covered bonds issued in Canada and is applied in conjunction with DBRS’s asset-specific rating approaches.

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.