06086oam 22013694 450 991081493850332120240402045244.01-4755-9104-71-4755-7988-8(CKB)2550000000107551(EBL)1606790(SSID)ssj0000943574(PQKBManifestationID)11592991(PQKBTitleCode)TC0000943574(PQKBWorkID)10977560(PQKB)10366077(MiAaPQ)EBC1606790(Au-PeEL)EBL1606790(CaPaEBR)ebr10579637(OCoLC)870597513(IMF)1ESPEE2012006(IMF)1ESPEA2012006(EXLCZ)99255000000010755120020129d2012 uf 0engur|n|---|||||txtccrSpain : Basel Core Principles for Effective Banking Supervision: Detailed Assessment of Compliance Report1st ed.Washington, D.C. :International Monetary Fund,2012.1 online resource (123 p.)IMF Staff Country ReportsDescription based upon print version of record.1-4755-5955-0 1-4755-0429-2 Cover; Contents; Glossary; A; B; C; D; E; F; I; L; M; O; R; S; I. Summary, Key Findings, and Recommendations; A. Introduction; B. Information and Methodology Used for Assessment; C. Institutional and Macroeconomic Setting and Market Structure-Overview; D. Preconditions for Effective Banking Supervision; E. Main Findings; Objectives, independence, powers, transparency, and cooperation (CP 1); Licensing and structure (CPs 2-5); Prudential regulation and requirements (CPs 6-18); Methods of ongoing banking supervision (CPs 19-21); Accounting and disclosure (CP 22)Corrective and remedial powers of supervisors (CP 23)Consolidated and cross-border banking supervision (CPs 24-25); Tables; 1A. Summary Compliance with the Basel Core Principles-ROSCs; 1B. Summary Compliance with the Basel Core Principles-Detailed Assessments; F. Recommended Actions and Authorities' Response; 2. Recommended Action Plan to Improve Compliance with the Basel Core Principles; II. Detailed Assessment; 3. Detailed Assessment of Compliance with the Basel Core PrinciplesThis 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.IMF Staff Country Reports; Country Report ;No. 2012/142Bank examinationBanks and bankingSpainBanks and BankingimfMoney and Monetary PolicyimfPublic FinanceimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfTaxation, Subsidies, and Revenue: GeneralimfFinancial Institutions and Services: Government Policy and RegulationimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfPublic AdministrationimfPublic Sector Accounting and AuditsimfBankingimfPublic finance & taxationimfFinancial services law & regulationimfMonetary economicsimfManagement accounting & bookkeepingimfInternal controlsimfCommercial banksimfCapital adequacy requirementsimfCreditimfRevenue administrationimfMoneyimfBank supervisionimfFinancial regulation and supervisionimfInternal auditimfPublic financial management (PFM)imfBanks and bankingimfRevenueimfAsset requirementsimfState supervisionimfAuditing, InternalimfSpainimfBank examination.Banks and bankingBanks and BankingMoney and Monetary PolicyPublic FinanceBanksDepository InstitutionsMicro Finance InstitutionsMortgagesTaxation, Subsidies, and Revenue: GeneralFinancial Institutions and Services: Government Policy and RegulationMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralPublic AdministrationPublic Sector Accounting and AuditsBankingPublic finance & taxationFinancial services law & regulationMonetary economicsManagement accounting & bookkeepingInternal controlsCommercial banksCapital adequacy requirementsCreditRevenue administrationMoneyBank supervisionFinancial regulation and supervisionInternal auditPublic financial management (PFM)Banks and bankingRevenueAsset requirementsState supervisionAuditing, Internal332.1;332.11International Monetary Fund.DcWaIMFBOOK9910814938503321Spain520834UNINA