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In Fitch's view, there is a clear intention ultimately to reduce implicit state support for financial institutions in the EU, as demonstrated by a series of legislative, regulatory and policy initiatives. On 11 September 2013, Fitch outlined its approach to incorporating support in its bank ratings in light of evolving support dynamics for banks worldwide, including for banks in effective wind down like Dexia (see "Fitch Outlines Approach for Addressing Support in Bank Ratings" and "Bank Support: Likely Rating Paths", at www.fitchratings.com). The IDRs, senior debt ratings and SRs would be downgraded and the SRFs revised down if Fitch concluded that potential sovereign support had weakened relative to its previous assessment.