These bank said that the action plan was compiled in response to the order from the High Court directing it to take certain steps related to the joint EC restructuring and work out plan for Anglo and Irish Nationwide Building Society (INBS) submitted on 31 January 2011 to the European Commission
The bank said it was also asked to draw up and implement, in conjunction with INBS and the NTMA, a high level restructuring document based on the restructuring plan, subject to any variations directed and approved by the European Commission.
