The Court of Auditors published this week the audit report on the banking restructuring process, referring
to the period between 2009 and 2015. The Court itself focused this audit report on three objectives:
1. Verify the banking restructuring processes by the FROB, the deposit guarantee funds, and the Bank of Spain;
2. Confirm that the monitoring and control actions for the execution of the restructuring processes have been appropriate;
3. Estimate the cost of the public aid granted by the aforementioned entities. This is a very commendable effort in information and transparency that the banking sector applauds.
