11.8.2 Has the Commission consistently taken into account this relevant characteristic?

At the outset, it should be noted that only in the C-context, it is necessary to explicitly point out that the bank will focus on its core activities and terminate its non-core activities. In other contexts, the focus on the core activities or the termination of the non-core activities is already implied. Indeed, in the W-context, all activities are categorised as non-core (and subsequently terminated), while in the S-context, the bank is split-up into a good bank (which comprises the core activities) and a bad bank (which comprises the non-core activities).

Thus, the current relevant characteristic is only relevant in the C-context. As can be seen in the table in Annex XII, most cases in the C-context are characterised by a focus on the core activities.