Public funding of failing banks in the European Union
Einde inhoudsopgave
Public funding of failing banks in the European Union (LBF vol. 19) 2020/7.4.1.3:7.4.1.3 Deviations from burden-sharing cascade
Public funding of failing banks in the European Union (LBF vol. 19) 2020/7.4.1.3
7.4.1.3 Deviations from burden-sharing cascade
Documentgegevens:
mr. M. Louisse-Read, datum 01-06-2020
- Datum
01-06-2020
- Auteur
mr. M. Louisse-Read
- JCDI
JCDI:ADS214001:1
- Vakgebied(en)
Financieel recht / Europees financieel recht
Staatssteun (V)
Toon alle voetnoten
Voetnoten
Voetnoten
2013 Banking Communication, point 45. See also section 3.7.1.2.
Deze functie is alleen te gebruiken als je bent ingelogd.
An exception to the burden-sharing principle could be made, if complying with this principle endangers financial stability or leads to disproportionate results. This exception could cover cases where the aid amount to be received is small in comparison to the bank's risk weighted assets, and the capital shortfall has been reduced significantly in particular through capital raising measures. Disproportionate results or a risk to financial stability could also be addressed by reconsidering the sequencing of measures to address the capital shortfall.1 In addition, the NCWO principle applies.