29/11/2010 (Agence Europe) - Transfer of impaired assets in Ireland. On Monday 29 November, the European Commission authorised the transfer of the second tranche of toxic assets to the Irish National Asset Management Agency (NAMA), the state-run “bad bank”. The Commission found this transfer satisfies predefined transparency and disclosure requirements and the valuation of assets complies with the requirements of the Commission's guidance and results in adequate burden sharing. It...