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Response to consultation Paper on ITS on Mapping of ECAIs Credit Assessments
Go backQ2: Do you agree with the proposed approach to the mapping of securitisation ratings issued by small/more recent ECAIs?
Please see the attached letterQ3: Do you see any adverse market implications/conceptual drawbacks arising from potentially inconsistent mappings being applied to any given ECAI across the standardised approach for credit risk (mapping under Article 136 of the CRR) and the securitisation framework (mapping under Article 270 of the CRR)?
Please see the attached letterName of organisation
Association for Financial Markets in Europe (AFME)