Public funding of failing banks in the European Union
Einde inhoudsopgave
Public funding of failing banks in the European Union (LBF vol. 19) 2020/3.7.2.2:3.7.2.2 The integration plan
Public funding of failing banks in the European Union (LBF vol. 19) 2020/3.7.2.2
3.7.2.2 The integration plan
Documentgegevens:
mr. M. Louisse-Read, datum 01-06-2020
- Datum
01-06-2020
- Auteur
mr. M. Louisse-Read
- JCDI
JCDI:ADS213743:1
- Vakgebied(en)
Financieel recht / Europees financieel recht
Staatssteun (V)
Deze functie is alleen te gebruiken als je bent ingelogd.
When liquidation involves the sale of (parts of) the bank to a third party, and aid is provided to the economic activity to be sold, an integration plan needs to be provided by the Member State for the combined entity after the purchase. This plan needs to set out how the economic activity is to be integrated in the own organisation of the buyer and how this combined entity returns to long-term viability. The plan needs to be implemented by the buyer, while the Member State submits a commitment to ensure that the buyer implements the plan.