OREANDA-NEWS. Fitch Ratings has updated its rating criteria for Commercial Mortgage-Backed Securities (CMBS) and Loans in EMEA. The criteria report has been updated to include the rating process for UK Student Housing. The report also describes in more detail how Fitch analyses the effect of prepayment and property disposal, and tests for the adequacy of liquidity support.

There have been no other material updates to the criteria. No impact on existing ratings is expected.

The new report replaces the criteria report of the same name, published on 26 November 2015. It is available at www. fitchratings. com or by clicking the link above.