# Commission Decision of 18 November 2009 on the State aid C 18/09 (ex N 360/09) implemented by Belgium for KBC (notified under document C(2009) 8980) (Only the English text is authentic) (Text with EEA relevance) (2010/396/EC), Division (xiii)

Extent: E+W+S+N.I.

The Belgian authorities also commit that KBC or any of its subsidiaries shall not engage in the origination of CDOs. It is understood that securitisation transactions which are not caught by this definition of CDOs fall outside the scope of this commitment. This is for instance the case for securitisation transactions for purposes of management of regulatory capital or credit risk or to raise liquidity.

---
Source: https://www.legislation.gov.uk/eudn/2010/396/annex/division/1/division/xiii (the official version)
Page: https://openlegislation.uk/eu-decision-2010-396/annex/division-1/division-xiii
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.