hybrid equity

Rating Agency Developments

On December 15, Fitch updated its bank regulatory capital criteria.  Fitch Release.

On December 15, Fitch updated its hybrid equity rating criteria for the non-financial corporate and REIT sectors.  Fitch Release.

On December 15, DBRS published its master European RMBS rating methodology and jurisdictional addenda.  DBRS Release.

On December 14, S&P requested comment on its proposed methodology for rating obligations secured by future U.S. federal cash flows.  Comments must be submitted by January 17, 2012.  S&P Release.

On December 14, Fitch updated its criteria for rating prerefunded U.S. municipal bondsFitch Release.

On December 13, Fitch updated its corporate governance criteria.  Fitch Release.

On December 12, Fitch updated its insurance broker rating criteria report.  Fitch Release.

On December 12, Fitch updated its criteria for finance and leasing companiesFitch Release.  Fitch Report.

On December 9, Moody’s released its approach to rating transactions backed by structured settlementsMoody’s Methodology.

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Rating Agency Developments

On July 14, Fitch updated its EMEA Consumer ABS Rating Criteria and the Auto Residual Value Addendum, and published a report outlining the basic legal assumptions on which the EMEA ABS rating criteria are predicated. Fitch EMEA Consumer ABS Criteria. Fitch Auto Residual Value Addendum. Fitch EMEA ABS Legal Assumptions.

On July 12, Fitch updated its global surveillance criteria for Trust Preferred CDOs. Fitch Release. Fitch Report.

On July 11, Fitch updated its criteria for Recovery Ratings U.S. RMBS. Fitch Release. Fitch Report.

On July 11, Fitch published new criteria for the treatment of hybrid equity in the Corporate and REIT Sectors, and for BanksFitch Corporate and REIT Sector Release. Fitch Corporate and REIT Report. Fitch Bank Release. Fitch Bank Report.

Note: Free registration is required for Fitch releases and reports.