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June 23, 2022

CCXAP publishes Request for Comment (RFC) on the proposed Rating Methodology for Chinese Non-Performing Loan Securitizations

Hong Kong, 23 June 2022, China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) proposes to introduce a new methodology for assessing the credit quality of Chinese Non-Performing Loan (“NPL”) Securitizations. The proposed methodology applies to securities backed by NPLs originating in China.

 

In this request for comment, CCXAP invites interested market participants to submit written comments on the proposed rating methodology by 22 July 2022 on the Request for Comment page or via email at info@ccxap.com. CCXAP will review and take all received comments into account before publishing the methodology.

 

PROPOSED METHODOLOGY FOR CHINESE NON-PERFORMING LOAN SECURITIZATIONS: [LINK]

REQUEST FOR COMMENT PAGE: [LINK]