06226oam 22014294 450 991095402770332120250426110539.09781475591040147559104797814755798881475579888(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)1ESPEA20120061ESPEA2012006(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.9781475559552 1475559550 9781475504293 1475504292 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 bankingSpainAsset requirementsimfAuditing, InternalimfBank supervisionimfBankingimfBanks and BankingimfBanks and bankingimfBanksimfCapital adequacy requirementsimfCommercial banksimfCreditimfDepository InstitutionsimfFinancial Institutions and Services: Government Policy and RegulationimfFinancial regulation and supervisionimfFinancial services law & regulationimfInternal auditimfInternal controlsimfManagement accounting & bookkeepingimfMicro Finance InstitutionsimfMonetary economicsimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfMoney and Monetary PolicyimfMoneyimfMortgagesimfPublic AdministrationimfPublic finance & taxationimfPublic FinanceimfPublic financial management (PFM)imfPublic Sector Accounting and AuditsimfRevenue administrationimfRevenueimfState supervisionimfTaxation, Subsidies, and Revenue: GeneralimfSpainimfBank examination.Banks and bankingAsset requirementsAuditing, InternalBank supervisionBankingBanks and BankingBanks and bankingBanksCapital adequacy requirementsCommercial banksCreditDepository InstitutionsFinancial Institutions and Services: Government Policy and RegulationFinancial regulation and supervisionFinancial services law & regulationInternal auditInternal controlsManagement accounting & bookkeepingMicro Finance InstitutionsMonetary economicsMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralMoney and Monetary PolicyMoneyMortgagesPublic AdministrationPublic finance & taxationPublic FinancePublic financial management (PFM)Public Sector Accounting and AuditsRevenue administrationRevenueState supervisionTaxation, Subsidies, and Revenue: General332.1;332.11International Monetary Fund.DcWaIMFBOOK9910954027703321Spain520834UNINA