OREANDA-NEWS. July 01, 2015. Fitch Ratings today published an updated criteria report outlining the methodology used by Fitch to analyze the ratings for credit card asset-backed securities. There were no substantive changes from the previous version, and therefore Fitch expects no impact on outstanding ratings.

This report updates and replaces the prior criteria report dated May 30, 2014.

The report presents Fitch's analytical approach to rating credit card ABS and outlines the unique features of these transactions. Additionally, the report details key rating drivers associated with credit card ABS.

The full 'Global Credit Card ABS Rating Criteria' report is available on the Fitch web site 'www.fitchratings.com'.