Spain : Basel Core Principles for Effective Banking Supervision: Detailed Assessment of Compliance Report

Author/Editor:

International Monetary Fund

Publication Date:

June 11, 2012

Electronic Access:

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Summary:

This paper assesses compliance of the Basel Core Principles for Effective Banking Supervision in Spain. Significant changes have occurred in Spain since the last Financial Sector Assessment Program (FSAP). The most serious has been the deterioration of the economy and the real estate sector. The dual legal framework governing Cajas poses the risk of potential conflicts in the exercise of supervisory and sanctioning authority. Other 2006 FSAP recommendations have been magnified with the perspective given by events from 2007 to 2011.

Series:

Country Report No. 12/142

Subject:

English

Publication Date:

June 11, 2012

ISBN/ISSN:

9781475504293/1934-7685

Stock No:

1ESPEA2012006

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

122

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