Spain: Financial Sector Assessment Program -Technical Note: Regulation, Supervision, and Governance of the Spanish Cajas
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This report provides the background on the financial liberalization and deregulation process with special reference to Spain’s cajas de ahorros (savings banks). It provides an overview of the cajas’ governance structure and analyzes the regulation and supervision of cajas, with particular reference to the division of responsibilities between the central government (State) and the autonomous communities. It discusses the main challenges in terms of ensuring the cajas’ operational autonomy and leveling between savings and commercial banks. It also summarizes the main findings and provides recommendations.
Series:
Country Report No. 2006/215
Subject:
Bank liquidation Banking Commercial banks Credit Economic sectors Financial crises Financial institutions Legal support in revenue administration Money Public sector Revenue administration
English
Publication Date:
June 14, 2006
ISBN/ISSN:
9781451812183/1934-7685
Stock No:
1ESPEA2006006
Pages:
30
Please address any questions about this title to publications@imf.org