Bank of Spain Circular 4/2016, of April 27, amending Circular 4/2004

Contents:

• Systematic amortization of intangible assets (including goodwill)
• Accounting recognition on settlement date (previously, trade date) for purchases and sales of equity instruments
• Adaptation to FINREP (EU Regulation 680/2014) non-performing, forbearance
• Improvement of credit risk management (Basel Committee guidelines)

Read the conference by Santiago Pernías, AEB advisor.