S&P Refines Its Treatment Of Government Asset Protection Schemes With Retained First-Loss Tranches In Its Capital Ratios Sep 09

Standard & Poors, September 2009

Abstract
LONDON (Standard & Poor's) Sept. 30, 2009--Standard & Poor's Ratings Services said today that it is refining and adapting its methodology for assessing government asset protection schemes with retained first-loss tranches in its capital ratios. We have today published our criteria article "Methodology For Assessing Government Asset Protection Schemes With Retained First-Loss Tranches In S&P's Capital Ratios," on RatingsDirect to help market participants better understand our approach. This article is related to " Methodology For Assessing Features Of The U.K. Government Asset Protection Scheme In S&P's Capital Ratios," also published today. Following the announcement of several risk transfer schemes by various governments, aimed at protecting the balance sheets of certain large systemically important banks, Standard & Poor's is clarifying how...

Companies mentioned in this report are:
- UBS AG

Action: General Comment

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Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

UBS AG

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