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Hong Kong, 5 November 2021, China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) proposes to introduce a new methodology for assessing the credit quality of financial guarantors. The proposed methodology applies to financial guarantors globally, including guarantee companies, re-guarantee companies and other credit enhancement institutions with similar characteristics.

In this request for comment, CCXAP invites interested market participants to submit written comments on the proposed rating methodology by 5 December 2021 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 FINANCIAL GUARANTORS: [LINK]

REQUEST FOR COMMENT PAGE: [LINK]