Solvency latest publications
Regulation 2015: taking stock and priorities. Focus on: solvency, resolution, Systemically Important Financial Institutions, shadow banking, derivatives reforms, macro-prudential regulation, the new liquidity framework and the digital revolution.
This month we focus on the BIS annual report, banking union and contributions to new institutions, kick off Single Resolution Board, the European framework for Global Systemically Important Banks, the treatment of covered bonds, macroprudential policies in UK and solvency in Spain.
Law 10/2014 for the arrangement, supervision and solvency of credit institutions continues the transposition into Spanish law of the European solvency rules ('CRD IV pack'), which in turn largely implements the new global prudential framework, known as Basel III.
The Spanish banking sector has gone through one of the most comprehensive and thorough restructurings in the eurozone. This paper reviews the successive measures taken to reform the banking sector since the crisis began, particularly those adopted from February 2012 onwards to adjust asset value, the signing of the Memorand…
The solvency of the Spanish system is not as bad as it may be inferred from the results of the recent EBA exercise, which does not address banks' balance sheet problems, such as legacy or real estate assets.