Fitch Publishes Updated Global SF & Covered Bonds Criteria Hierarchy
The updated report replaces the report of the same title previously published on June 10, 2015. Since its last publication, Fitch has updated and published the following SF and CVB criteria:
--'Criteria Addendum: Germany - Residential Mortgage Assumptions', June 11;
--'Criteria Addendum: UK - Residential Mortgage Assumptions', June 11;
--'U.S. RMBS Master Rating Criteria', June 12;
--'Criteria Addendum: Switzerland - Residential Mortgage Assumptions', June 19;
--'U.S. Tobacco Settlement ABS Criteria Exposure Draft', June 22;
--'APAC Residential Mortgage Criteria' (Consolidated 'APAC Residential Mortgage Criteria Addendum - Australia - Amended' and 'APAC Residential Mortgage Criteria Addendum - New Zealand'), June 23;
--'Global Criteria for Lenders' Mortgage Insurance in RMBS', June 23;
--'Metodologia Global para calificar Notas Estructuradas de Vinculacion Crediticia Sencilla y Multiple' (Translation of 'Global Rating Criteria for Single- and Multi-Name Credit-Linked Notes'), June 24;
--'Criteria Addendum: Greece - Residential Mortgage Assumptions', June 26;
--'Global Credit Card ABS Rating Criteria', June 26;
--'Fitch's Mortgage Covered Bond Refinancing Stresses - Excel File', July 3;
--'Covered Bonds Rating Criteria - Mortgage Liquidity and Refinancing Stress Addendum', July 6;
--'Global Structured Finance Rating Criteria', July 6;
--'Criterio Global de Calificacion de Finanzas Estructuradas' (Translation of 'Global Structured Finance Rating Criteria'), July 6;
--'Rating Criteria for Multi-Issuer Cedulas Hipotecarias', July 6.
The updated hierarchy report organizes all SF and CVB criteria reports based on applicability to different market sectors and provides direct links to the reports themselves. As of the date of the report, Fitch's SF and CVB groups maintain three Master, 13 Cross-Sector, and 74 Sector-Specific criteria reports, as well as 13 Spanish translations and one Exposure Draft.
The full report, 'Global Structured Finance & Covered Bonds Rating Criteria Hierarchy', is available on Fitch's website at www.fitchratings.com or by clicking on the link.
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