Dear European Central Bank,

Under the right of access to documents in the EU treaties, as developed in Regulation 1049/2001, I am requesting documents which contain the following information:

Consideration given by and advice sought by the ECB in respect of competition concerns before taking the decision to issue 3-year Longer Term Refinancing Operation funds in December 2011. If the ECB considered the effect of cheap long term funding to one commercial entity, namely banks, and its distorting effect on other commercial entities in Member states.

Yours faithfully,

Jagdip A. Singh

Banco Central Europeo

Dear Sir,

The ECB hereby confirms receipt, on 28 February 2012, of your application
for access to information on the "consideration given by and advice sought
by the ECB in respect of competition concerns before taking the decision
to issue 3-year Longer Term Refinancing Operation funds in December 2011.
If the ECB considered the effect of cheap long term funding to one
commercial entity, namely banks, and its distorting effect on other
commercial entities in Member states".

Please note that access to ECB documents is governed by Decision
ECB/2004/3 (the unofficial consolidated version of this ECB Decision is
available at
[1]http://www.ecb.europa.eu/ecb/legal/pdf/0...).

Your request has been registered and a reply will be provided to you
within the deadline foreseen by this ECB Decision.

Yours faithfully,

Secretariat Division
European Central Bank
Kaiserstrasse 29
60311 Frankfurt am Main.
[email address]
Phone+49 69 1344 0
Fax: +49 69 1344 6170

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Banco Central Europeo

1 Adjuntos

Dear Sir,

Further to your application for access to ECB documents, please find
attached the reply from the ECB's DG Secretariat and Language Services.

Yours faithfully,

Secretariat Division
European Central Bank
Kaiserstrasse 29
60311 Frankfurt am Main.
[email address]
<<L_PvdH_12_15 reply to PA_2012_6.pdf>>

 

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