Tuesday, August 24, 2010

S&P Applies Identifier To Structured Finance Ratings

The structured finance identifier is required under the new European regulation on Credit Rating Agencies (Regulation (EC) No 1060/2009) (the "Regulation"). The addition of the identifier indicates only that the instrument is deemed to meet the regulatory definition of "structured finance." In no way does it modify the meaning of the rating itself.

To read the full report: app.info.standardandpoors.com/e/er.aspx?s=795&lid=45351&elq=d84c603a49c04e1ba81830c4a5cbbd5e

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