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Commission opens in-depth investigation into alleged aids to Fortis Bank Nederland and Dutch activities of ABN Amro

  • Squire Sanders
  • -
  • European Union, Netherlands
  • -
  • April 14 2009

The European Commission has opened an in-depth investigation under EC Treaty State aid rules to establish whether state measures in favour of Fortis Bank Nederland (FBN) and the activities of ABN Amro which were acquired by Fortis ("the ABN activities") are in line with EU State aid rules

Commission endorses restructuring plans and illiquid asset back-up facility for ING

  • Squire Sanders
  • -
  • European Union, Netherlands
  • -
  • December 31 2009

On 13 November 2009, the Commission approved a restructuring plan for ING Groep NV under the EC State aid rules

Commission temporarily authorises illiquid asset facility for ING

  • Squire Sanders
  • -
  • European Union, Netherlands
  • -
  • April 7 2009

The European Commission has granted temporary clearance to the illiquid asset back-up facility provided by the Dutch State to the financial group ING, with final approval dependent on the result of an in-depth investigation