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Division 4.1 Replacement of the commitments dated 30 November 2013 (Annex to the Commission’s approval decision dated 5 December 2012, C(2012) 9255 final)

United Kingdom

Original text. Later amendments are not shown.

The commitments provided to the Commission by Austria in the commitments letter dated 30 November 2012, which are set out in the Annex to the Commission’s approval decision dated 5 December 2012, C(2012) 9255 final, are replaced by the following commitments.

  1. 4.1.1Division 4.1.1
  2. 4.1.2Division 4.1.2
  3. 4.1.3The internal funding cost matrix for every new engagement (within the meaning of section 4.2) must be commensurate with the funding situation of the branch/subsidiary for the entire term structure. At the very minimum, this should be:
  4. 4.1.4Division 4.1.4
  5. 4.1.5Division 4.1.5
  6. 4.1.6[…] may be provided to clients only if the client […]. The exceptions to this are:
  7. 4.1.7Division 4.1.7
  8. 4.1.8Division 4.1.8
  9. 4.1.9Division 4.1.9
  10. 4.1.10Division 4.1.10
  11. 4.1.11Division 4.1.11
  12. 4.1.12Division 4.1.12