Spanish banks reform ahead of Basel

Author: | Published: 17 Sep 2010

While much has been made of the impact the Basel III rules could have on the German Landesbanken, little attention has been paid to the similar Spanish savings banks, which have been undergoing legislative reform with one eye firmly on the new guidelines.

Under the Royal Decree of July 9 this year, amendments have been made to the regime governing participative quotas in...