Within its remit, the Banco de España can be the addressee of macroprudential recommendations issued by the European Systemic Risk Board (ESRB). On a case-by-case basis, the Banco de España assesses the necessary actions to ensure their compliance, as appropriate.
List of current ESRB recommendations concerning the Banco de España:
- ESRB/2022/9
(530 KB) . Recommendation of the ESRB, of 1 December 2022, on vulnerabilities in the commercial real estate sector in the European Economic Area
- ESRB/2020/12 (475 KB). Recommendation of the ESRB, of 24 September 2020, on identifying legal entities
- ESRB/2020/7 (443 KB). Recommendation of the ESRB, of 27 May 2020, on restriction of distributions during COVID-19 pandemic (amended by Recommendation ESRB/2020/15 (425 KB))
- ESRB/2020/6 (487 KB). Recommendation of the ESRB, of 25 May 2020, on liquidity risks arising from margin calls
- ESRB/2019/18 (484 KB). Recommendation of the ESRB, of 26 September 2019, on exchange and collection of information for macroprudential purposes on branches of credit institutions having their head in another Member State or in a third country
- ESRB/2015/2 (*)
. Recommendation of the ESRB, of 15 December 2015, on the assessment of cross-border effects of and voluntary reciprocity for macroprudential policy measures (*consolidated of subsequent amending recommendations) - ESRB/2015/1. Recommendation of the ESRB, of 11 December 2015, on recognising and setting countercyclical buffer rates for exposures to third countries
- ESRB/2014/1. Recommendation of the ESRB, of 18 June 2014, on guidance for setting countercyclical buffer rates
- ESRB/2012/2. Recommendation of the ESRB, of 20 December 2012, on funding of credit institutions (amended by Recommendation ESRB/2016/2)
- ESRB/2011/2. Recommendation of the ESRB, of 22 December 2011, on US dollar denominated funding of credit institutions
- ESRB/2011/1. Recommendation of the ESRB, of 21 September 2011, on lending in foreign currencies
List of current ESRB warnings concerning the Banco de España:
- ESRB/2022/7 (412 KB) . Warning of the ESRB of 22 September 2022 on vulnerabilities in the Union financial system.