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UK measures to stabilise the mortgage market and their compatibility with EU state aid rules

  • Steptoe & Johnson LLP
  • -
  • United Kingdom
  • -
  • October 26 2009

Any support measures adopted by Member States to counteract the economic downturn must comply with EU State aid rules

Commission approves UK Asset-Backed Securities Guarantee Scheme

  • Squire Sanders
  • -
  • European Union, United Kingdom
  • -
  • April 27 2009

The European Commission has approved, under EC Treaty State aid rules, the UK's Asset-Backed Securities Guarantee Scheme, which forms part of UK measures to support the banking industry during the current financial crisis

Commission approves UK Asset-Backed Securities Guarantee Scheme

  • McDermott Will & Emery
  • -
  • European Union, United Kingdom
  • -
  • April 24 2009

The European Commission has approved, under Article 87(4)(b) of the EC Treaty, the UK Asset-Backed Securities Guarantee Scheme

Commission approves UK mortgage schemes

  • Dentons
  • -
  • European Union, United Kingdom
  • -
  • April 24 2009

The Commission has approved under State Aid rules the UK schemes to provide guarantees to securities issued by SPVs collateralised with residential mortgages, and to give homeowners who have trouble repaying mortgages some breathing space

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