News Column

Fitch Updates Criteria for Managing and Developing Criteria

February 14, 2014



CHICAGO--(BUSINESS WIRE)-- Effective today, Fitch Ratings has updated its criteria report for 'Managing and Developing Criteria'.

Fitch has added a paragraph stating it will report all errors in methodologies to appropriate regulatory authorities. Specific procedures have been removed from this criteria but were modified and are included as a Fitch internal procedure.

The updated report replaces the criteria report of the same name dated July 4, 2013. It is available on the Fitch website at 'www.fitchratings.com'.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: Managing and Developing Criteria and Models

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=736156

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.



Fitch Ratings

Eileen Fahey, +1 312-368-5468

Managing Director

Fitch Ratings, Inc.

70 West Madison St.

Chicago, IL 60602

or

Trevor Pitman, +1 44(0) 20 7417 4280

Group Managing Director

or

Media Relations:

Brian Bertsch, +1 212-908-0549

brian.bertsch@fitchratings.com

Source: Fitch Ratings


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