Rating Agency Developments - June 18, 2012

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On June 15, Fitch revised its country-specific treatment of recovery ratings. Fitch Report.

On June 13, Fitch updated its criteria for U.S. timeshare loan ABS. Fitch Report.

On June 12, Fitch updated its criteria for revenue-supported obligations in the public finance sector. Fitch Report.

On June 12, Fitch updated its criteria for rating foreign banking subsidiaries higher than the parent bank. Fitch Report.

On June 12, DBRS released its criteria for Canadian ABCP supported by full wrap liquidity. DBRS Report.

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