Obbligazioni bancarie Banche irlandesi: newsflow, ratings, bonds. Il fronte irlandese dell'Euro. (1 Viewer)
- Creatore Discussione Imark
- Data di Inizio
tommy271
Forumer storico
Irlanda, nuova legge dà a governo potere di ristrutturare banche
martedì 14 dicembre 2010 15:32
DUBLINO, 14 dicembre (Reuters) - Il governo irlandese ha pubblicato oggi una nuova legge che gli conferisce il potere di ristrutturare il settore bancario e di imporre perdite ai detentori di obbligazioni subordinate emesse da banche sostenute dallo stato, considerando caso per caso.
"Una ristrutturazione globale del sistema bancario retail nello stato è un pilastro fondamentale dell'accordo raggiunto con Ue-Fmi" ha detto il ministro delle Finanze Brian Lenihan in un comunicato.
Domani il Parlamento discuterà il disegno di legge che dovrebbe entrare in vigore entro la fine della settimana.
***
Si va delineando il quadro... i detentori di sub bancarie irish sono messi a dura prova.
martedì 14 dicembre 2010 15:32
DUBLINO, 14 dicembre (Reuters) - Il governo irlandese ha pubblicato oggi una nuova legge che gli conferisce il potere di ristrutturare il settore bancario e di imporre perdite ai detentori di obbligazioni subordinate emesse da banche sostenute dallo stato, considerando caso per caso.
"Una ristrutturazione globale del sistema bancario retail nello stato è un pilastro fondamentale dell'accordo raggiunto con Ue-Fmi" ha detto il ministro delle Finanze Brian Lenihan in un comunicato.
Domani il Parlamento discuterà il disegno di legge che dovrebbe entrare in vigore entro la fine della settimana.
***
Si va delineando il quadro... i detentori di sub bancarie irish sono messi a dura prova.
Zorba
Bos 4 Mod
Questo è il link alla nuova legge presentata in Parlamento Irlandese.
Credit Institutions (Stabilisation) Bill 2010 - Tithe an Oireachtais
Credit Institutions (Stabilisation) Bill 2010 - Tithe an Oireachtais
Ultima modifica:
discipline
Forumer storico
M'ero loggato proprio per lo stesso post. Tuttavia se non mi sbaglio, credo si tratti di disegno di legge (o l'equivalente nel diritto irlandese), di imminente votazione.
tommy271
Forumer storico
Infatti, deve essere discusso e votato dal Parlamento.
Vediamo se la maggioranza voterà compatta....
discipline
Forumer storico
Zorba s'è già portato avanti con l'approvazione.. e francamente neppure io credo che ci saranno sorprese..
Zorba
Bos 4 Mod
Avete ragione
Errore corretto. Ho scritto troppo velocemente. Credo cmq che la sostanza non cambierà di molto.
discipline
Forumer storico
Bozza di legge che, molto opportunamente, viene fuori prima della scadenza delle offerte di scambio sulle 3 banche... sono ancora su Boi, a sto punto c'è da vedere se riesce a tenersi fuori dalla nazionalizzazione, altrimenti destino segnato anche qui..
tommy271
Forumer storico
Avete ragione
Penso anch'io che dovrebbe passare, inclusa nell'ultima votazione sul pacchetto anti-deficit.
Poi, con ogni probabilità, la maggioranza si sfalderà: come già anticipato dal partito dei Verdi e dagli Indipendenti che sostengono il Governo e ritireranno il proprio appoggio.
Quindi voto anticipato o nuovo Governo, in quest'ultimo caso i voti a favore rimangono sempre molto risicati:le dita di una mano ...
Topgun1976
Guest
Subordinated bondholders in Irish banks face the prospect of sharing the burden of loan losses under new legislation that will come before the Dáil tomorrow.
The Credit Institutions (Stabilisation) Bill published by Minister for Finance Brian Lenihan this afternoon, will enshrine into law recommendations on the Irish banking system outlined in the Irish International Monetary Fund/EU memorandum of understanding.
As part of an €85 billion rescue plan, the State has agreed to reduce the size of the Irish bank sector in a bid to prevent future loan losses tipping the economy over the edge and damaging the wider euro-zone. Some €35 billion of the fund is being used to bail out the banking system, with €10 billion being injected up front and the remaining €25 billion left in a contingency fund in case of future bank losses.
Under the proposed legislation, the Minister, in consultation with the governor of the Central Bank, will have additional powers. These includes the ability to make subordinated liabilities orders in certain cases to achieve "appropriate burden sharing" by subordinated creditors in institutions that have received State support.
AIB, Bank of Ireland, Anglo Irish Bank, EBS and Irish Nationwide Building Society have all received funding from the Government, with more than €35 billion already injected into or commited to the lenders.
The Minister will also have the power to appoint a special manager to such a bank "in limited and exceptional circumstances".
It also gives the Minister powers to transfer some institutions’ assets and liabilities to facilitate the restructuring of the sector, and will enable the Government to inject part of the capital required by AIB before the end of the year.
Although the Central Bank imposed new capital core tier 1 ratios of 12 per cent for Irish banks, it said it wanted AIB to maintain a ratio of 14 per cent to cover future loan losses. The bank must raise almost €10 billion in additional capital and as a result, the State is expected to take a stake of more than 90 per cent in the bank.
Up until last month, AIB, Bank of Ireland and Anglo Irish Bank had lost more than €35 billion in deposits this year.
Mr Lenihan said a "comprehensive restructuring" of the retail banking system in the State was a key factor in the EU-IMF rescue plan agreement.
"The banking system must play its role in providing the credit to the real economy to support our recovery," he said.
The Bill also contains provisions that allow the Minister to impose terms and conditions on institutions in return for State aid, as Mr Lenihan did over payment of bonuses by AIB.
The new powers contained in the Bill are scheduled to expire at the end of December 2012.
The Bill, which will be debated in the Dáil tomorrow, is expected to be enacted by the end of the week. Draft legislation providing for a comprehensive Special Resolution Regime (SRR) that will provide a framework for winding down lenders in the future will be introduced to the Dáil before the end of February.
Qui si parla che la legge si può applicare anche senza nazionalizzazione..brutta storia
Cmq si Profila che una Banca Può tagliare al 50% Lt2 Ut2 T1 senza Fallire,quindi per il mio gusto non vale + la pena investire in Subordinati,quando non cè un minimo di legge che ci tutela
The Credit Institutions (Stabilisation) Bill published by Minister for Finance Brian Lenihan this afternoon, will enshrine into law recommendations on the Irish banking system outlined in the Irish International Monetary Fund/EU memorandum of understanding.
As part of an €85 billion rescue plan, the State has agreed to reduce the size of the Irish bank sector in a bid to prevent future loan losses tipping the economy over the edge and damaging the wider euro-zone. Some €35 billion of the fund is being used to bail out the banking system, with €10 billion being injected up front and the remaining €25 billion left in a contingency fund in case of future bank losses.
Under the proposed legislation, the Minister, in consultation with the governor of the Central Bank, will have additional powers. These includes the ability to make subordinated liabilities orders in certain cases to achieve "appropriate burden sharing" by subordinated creditors in institutions that have received State support.
AIB, Bank of Ireland, Anglo Irish Bank, EBS and Irish Nationwide Building Society have all received funding from the Government, with more than €35 billion already injected into or commited to the lenders.
The Minister will also have the power to appoint a special manager to such a bank "in limited and exceptional circumstances".
It also gives the Minister powers to transfer some institutions’ assets and liabilities to facilitate the restructuring of the sector, and will enable the Government to inject part of the capital required by AIB before the end of the year.
Although the Central Bank imposed new capital core tier 1 ratios of 12 per cent for Irish banks, it said it wanted AIB to maintain a ratio of 14 per cent to cover future loan losses. The bank must raise almost €10 billion in additional capital and as a result, the State is expected to take a stake of more than 90 per cent in the bank.
Up until last month, AIB, Bank of Ireland and Anglo Irish Bank had lost more than €35 billion in deposits this year.
Mr Lenihan said a "comprehensive restructuring" of the retail banking system in the State was a key factor in the EU-IMF rescue plan agreement.
"The banking system must play its role in providing the credit to the real economy to support our recovery," he said.
The Bill also contains provisions that allow the Minister to impose terms and conditions on institutions in return for State aid, as Mr Lenihan did over payment of bonuses by AIB.
The new powers contained in the Bill are scheduled to expire at the end of December 2012.
The Bill, which will be debated in the Dáil tomorrow, is expected to be enacted by the end of the week. Draft legislation providing for a comprehensive Special Resolution Regime (SRR) that will provide a framework for winding down lenders in the future will be introduced to the Dáil before the end of February.
Qui si parla che la legge si può applicare anche senza nazionalizzazione..brutta storia
Cmq si Profila che una Banca Può tagliare al 50% Lt2 Ut2 T1 senza Fallire,quindi per il mio gusto non vale + la pena investire in Subordinati,quando non cè un minimo di legge che ci tutela
Ultima modifica di un moderatore: