When firms provide advice on, arrange, or actively participate in a complex structured finance transaction, they may assume legal and reputational risks if the end-user enters into the transaction for improper purposes.
The policy conditionality associated with these programmes has been designed to address the main imbalances and vulnerabilities, taking into account the specificities of the individual countries. Full compliance with the policy conditionality of the assistance programmes is absolutely essential to unwind existing imbalances and restore market confidence.