The UK Government notifies the EU Commission of its intentions to set up a new scheme to alleviate the funding constraints that banks are facing (Asset-Backed Securities Guarantee Scheme)

Van de Casteele, Koen

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17 Apr 2009

The UK Government notifies the EU Commission of its intentions to set up a new scheme to alleviate the funding constraints that banks are facing (Asset-Backed Securities Guarantee Scheme)

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Reference

EU Commission, Asset-Backed Securities Guarantee Scheme, Case N232/2009, 17 April 2009

State aid: main developments between 1 January and 30 April 2009* On 17 April 2009, the UK notified its intention to set up another scheme to alleviate the funding constraints that banks are currently facing. By guaranteeing AAA rated residential

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Author

Koen Van de Casteele
European Commission - DG COMP (Brussels)

Belgium 98 contributions 34066 visits

Quotation

Koen Van de Casteele, The UK Government notifies the EU Commission of its intentions to set up a new scheme to alleviate the funding constraints that banks are facing (Asset-Backed Securities Guarantee Scheme), 17 April 2009, e-Competitions State intervention, Art. N° 37603

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