State aid to banks (IVOR nr. 109) 2018/11.2.2:11.2.2 Has the Commission consistently taken into account this relevant characteristic?

State aid to banks (IVOR nr. 109) 2018/11.2.2

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

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The above-mentioned considerations from the Crisis Communications might create the impression that in many bank State aid cases, the senior management has been replaced. Surprisingly, only in 23 Commission decisions (of in total 90 cases), it is mentioned that the senior management of the bank has been replaced. The table in Annex VII provides an overview of the decisions that mention that the senior management has been replaced.

Two things need to be clarified. First, categorizing decisions on the basis of whether they mention the relevant characteristic is sometimes a matter of interpretation (see subsection 11.2.2.1). Second, there might be explanations for the omission to mention a relevant characteristic (see subsection 11.2.2.2).

11.2.2.1 A matter of interpretation11.2.2.2 Possible explanations

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