The banking sector presents regulatory simplification proposals in Frankfurt to boost EU growth
The Spanish Banking Association (AEB) and CECA today held a meeting in Frankfurt, ‘Strengths of the Spanish Banking Sector in times of global transition’, presenting proposals for regulatory simplification of the banking sector aimed at strengthening economic growth and the competitiveness of the European Union.
The ‘Banking Lab’ focuses on privacy, reliability, and usability as challenges for the implementation of the digital euro
The Spanish Institute of Banking and Finance has held a Banking Lab session entitled ‘Digital Euro: from purposes to reality,’ which was moderated by the Director General of the Spanish Banking Association (AEB), María Abascal, and featured the participation of Carlos Cuerpo, Secretary General of the Treasury and International Financing; Juan Ayuso, Director General of Operations, Markets and Payment Systems at the Bank of Spain; María Ruiz Andújar, Head of Strategy and Business Development for Global Cards and Digital Solutions at Santander; and Santiago Fernández de Lis, Head of Regulation at BBVA.
Press Release on the Eurogroup agreement to recapitalize Spanish banking entities
The AEB positively assesses the agreement reached by the Eurogroup, as it eliminates uncertainty regarding the financing of the cost of restructuring non-viable entities, thereby facilitating its implementation.
Spanish banks are in a position to meet the new capital requirements
With the information available to date on the new capital requirements, Spanish banks are in a position to meet them through their own means and within the timeframes established by the European Council agreements