News & Events
2023.1.17
CCXAP publishes its rating methodology for general structured finance
Hong Kong, 17 January 2023, China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has published a new methodology for assessing the credit quality of all types of structured finance instruments other than Chinese nonperforming loan securitizations. The new rating methodology replaces “Rating Methodology for Assets-Backed Securities/Mortgage-Backed Securities” published by CCXAP in May 2014. CCXAP has not rated any structured products as of today, so adoption of this methodology is not expected to cause any rating changes.
RATING METHODOLOGY FOR GENERAL STRUCTURED FINANCE: [LINK]