Spain : Financial Sector Reform-Fourth Progress Report.

This paper discusses findings of Fourth Progress Report on Spain's financial sector reform. Implementation of Spain's financial sector program remains on track. Essentially all measures specified in the program have now been implemented, as envisaged under its front-loaded timetable. Capit...

Fuld beskrivelse

Bibliografiske detaljer
Institution som forfatter: International Monetary Fund. European Dept
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2013.
Serier:IMF Staff Country Reports; Country Report ; No. 2013/331
Online adgang:Full text available on IMF
Beskrivelse
Summary:This paper discusses findings of Fourth Progress Report on Spain's financial sector reform. Implementation of Spain's financial sector program remains on track. Essentially all measures specified in the program have now been implemented, as envisaged under its front-loaded timetable. Capital-augmentation measures arising from last year's stress test are now complete, SAREB has almost concluded its organizational development and is now accelerating the liquidation of its assets, and key reforms of Spain's financial sector framework have been adopted or put in train. Despite recent improvements, important risks remain, including those associated with the ongoing macroeconomic adjustment.
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Fysisk beskrivelse:1 online resource (37 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Adgang:Electronic access restricted to authorized BRAC University faculty, staff and students