IMF Staff Country Reports

Spain: Financial Sector Assessment Program: Detailed Assessment of the CPSS-IOSCO Recommendations for the Securities Settlement Systems

Publication Date:

June 14, 2006

Electronic Access:

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Summary:

This report describes the assessment of the securities clearance and settlement system in Spain, based on the Committee on Payment and Settlement Systems (CPSS)-International Organization of Securities Commissions’ (IOSCO) Recommendations for Securities Settlement Systems. It is performed using the CPSS/IOSCO assessment methodology, and assesses the Management Company for Securities Registry, Clearance and Settlement, which operates under the commercial name of Iberclear, a corporation of the Securities Clearance and Settlement Service, SCLV, and the Central Public Registry.

Series:

Country Report No. 2006/222

Subject:

Financial institutions Financial markets Public debt Securities Securities markets Securities settlement systems Stock markets