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Division Behavioural commitments

United Kingdom

Original text. Later amendments are not shown.

  1. (i)Division (i)
  2. (ii)Division (ii)
  3. (iii)Division (iii)
  4. (iv)Division (iv)
  5. (v)The Belgian authorities commit that KBC will adhere to the following price leadership ban:
  6. (vi)Division (vi)
  7. (vii)With regard to the limitation of KBC executive remuneration, the Belgian authorities commit that:
  8. (viii)Division (viii)
  9. (ix)The Belgian authorities commit to re-notify the first recapitalisation under Article 88(3) of the Treaty if either of the following situations arises which make it less likely that the overall return in excess of 10 % p.a. is achieved:
  10. (x)In the same vein, the Belgian authorities commit to re-notify the second recapitalisation under Article 88(3) of the Treaty if the following situation arises which makes it less likely that the overall return in excess of 10 % p.a. is achieved:
  11. (xi)Division (xi)
  12. (xii)Division (xii)
  13. (xiii)Division (xiii)
  14. (xiv)With regard to coupon payments and call options on hybrid capital, unless the Commission otherwise agrees to an exemption, the Belgian authorities commit that:
  15. (xv)Division (xv)