-

KBRA Recognized as Qualified Rating Agency by Taiwan’s FSC

NEW YORK--(BUSINESS WIRE)--KBRA has been recognized by Taiwan’s Financial Supervisory Commission (FSC) as a “qualified external rating agency” for the determination of ratings-based capital adequacy and risk weightings for use by local securities firms, according to a final ruling on April 11, 2023.

A KBRA rating of BBB- or above would qualify bonds or credit derivative products held by Taiwanese securities firms as investment grade for the purpose of calculating risk weightings. The latest announcement follows similar FSC rulings on February 3 and February 16 that recognize the use of KBRA’s ratings when calculating local banks’ and insurance companies’ capital adequacy requirements related to their debt holdings, respectively.

The final ruling means that the FSC now recognizes all KBRA ratings for use in capital adequacy calculations related to all banking, insurance, and securities industries in Taiwan.

“We are excited to be accepted by the FSC for use in capital adequacy requirements in Taiwan,” said Jim Nadler, CEO of KBRA. “We look forward to providing all market participants around the world with an unparalleled view on ratings driven by KBRA’s best-in-class analysis and research.”

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Adam Tempkin, Director of Communications
+1 (646) 731-1347
adam.tempkin@kbra.com

KBRA

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI

Release Versions

Contacts

Adam Tempkin, Director of Communications
+1 (646) 731-1347
adam.tempkin@kbra.com

More News From KBRA

Private Credit LBO Activity Outpaces Prior Year Despite February Slowdown, KBRA DLD Data Shows

NEW YORK--(BUSINESS WIRE)--KBRA DLD, a division of KBRA Analytics, reports that direct lending activity supporting leveraged buyouts (LBO) has started the year ahead of 2025 levels, although a February slowdown suggests early momentum may be moderating. Direct lending LBO volume reached $16.3 billion through February 28, exceeding the $13.4 billion recorded during the same period last year. February issuance totaled $6.9 billion, down from $9.4 billion in January and marking the first monthly s...

KBRA Assigns AA Rating to Alaska Municipal Bond Bank Authority General Obligation Bonds, 2026 Series One (Non-AMT); Affirms Related Ratings

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of AA to the Alaska Municipal Bond Bank Authority General Obligation Bonds, 2026 Series One (Non-AMT) and affirms the long-term rating of AA for the Authority's outstanding General Obligation Bonds. KBRA additionally affirms the long-term rating of AA+ for the State of Alaska's General Obligation Bonds as well as the long-term rating of AA for the State's Appropriation Bonds. The rating Outlook for each obligation is Stable. Key Credit...

KBRA Credit Profile Releases CREFC High Yield, Distressed Assets, & Servicing Conference 2026 Recap

NEW YORK--(BUSINESS WIRE)--KBRA Credit Profile (KCP) attended the CRE Finance Council’s (CREFC) annual High Yield, Distressed Assets, & Servicing Conference, held in New York City on March 10. The event attracted more than 300 commercial real estate (CRE) professionals and featured five panels along with a one-on-one discussion. Key Takeaways Private credit continues to expand in CRE, helping to fill refinancing gaps as banks remain selective, with roughly $3 trillion of CRE loans maturing...
Back to Newsroom