Our Approach
As central banks no longer provide the market with low-cost liquidity, securitisation offers European banks a means to better manage credit risk and free up lending capacity to support economic growth. Our experience and track record help issuers benefit from the renewed dynamism in European securitisation. Our general and asset-class-specific methodologies set out the principles for rating and monitoring structured finance instruments, which are typically issued via bankruptcy-remote SPVs and secured by cashflow-generating assets.
Recognition of local conditions: Our deep local knowledge of securitisation markets ensures ratings reflect originators’ context and the jurisdictions into which transactions are issued.
No sovereign rating cap: We do not mechanistically constrain ratings based on the credit quality of the country where the underlying assets are originated.
Deal-specific rating process: Scope is committed to excellence in ratings delivery, working to speedy and bespoke timelines to suit client needs.
Transparency: We place high value on transparency in our rating reports, highlighting key rating drivers and underlying assumptions in a clear and concise manner to the benefit of investors and arrangers.