State aid to banks
Einde inhoudsopgave
State aid to banks (IVOR nr. 109) 2018/11.9.1:11.9.1 Why is this a relevant characteristic?
State aid to banks (IVOR nr. 109) 2018/11.9.1
11.9.1 Why is this a relevant characteristic?
Documentgegevens:
mr. drs. R.E. van Lambalgen, datum 01-12-2017
- Datum
01-12-2017
- Auteur
mr. drs. R.E. van Lambalgen
- JCDI
JCDI:ADS587044:1
- Vakgebied(en)
Financieel recht / Europees financieel recht
Mededingingsrecht / EU-mededingingsrecht
Toon alle voetnoten
Voetnoten
Voetnoten
The transfer of impaired assets needs to comply to the conditions of the Impaired Assets Communication. In chapter 9, the Impaired Assets Communication was discussed.
Furthermore, transferring impaired assets to a State-sponsored SPV results in a reduction of the beneficiary bank’s balance sheet and RWA. Since it reduces the bank’s RWA, the capital ratio of the bank will improve.
Deze functie is alleen te gebruiken als je bent ingelogd.
The transfer of impaired assets to an Asset Management Company (AMC) is a State aid measure.1 At the same time, it is a measure that contributes to the restoration of the viability of the beneficiary bank. Indeed, as a result of the transfer, the beneficiary bank will be relieved of its impaired assets.2 Hence, from a viability-perspective, the Commission thus welcomes the fact that the impaired assets are transferred to an AMC. The same holds true for other asset relief measures, such as an Asset Protection Scheme or the creation of a bad bank.