Spain : Report on the Observance of Standards and Codes: Summary Assessments

Author/Editor:

International Monetary Fund

Publication Date:

June 8, 2012

Electronic Access:

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Summary:

This paper presents assessment results for the current state of the implementation of the Basel Core Principles for Effective Banking Supervision (BCP) in Spain. It found that significant changes have occurred in Spain since the last Financial Sector Assessment Program. The most serious has been the deterioration of the economy and the real estate sector. The core supervisory process at the Banco de España (BdE) is strong and is supported by qualified staff and an experienced cadre of inspectors, but there are areas of concern.

Series:

Country Report No. 12/138

Subject:

English

Publication Date:

June 8, 2012

ISBN/ISSN:

9781475504248/1934-7685

Stock No:

1ESPEA2012002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

60

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