Pursuant to Article 54 of Law 10/2014, of 26 June, on the organisation, supervision and solvency of credit entities
, Banco de España may draft and publish technical guidelines for those entities and groups subject to supervision indicating criteria, practices, methods and procedures that it deems suitable for compliance with the regulations governing supervision. Said guides may include criteria that the Banco de España itself will follow in the performance of its supervision activities. Furthermore, the Banco de España may adopt for itself the guidelines on such issues approved by international bodies or committees active in banking regulation and supervision, and transmit them as such to the institutions and groups.
Guidelines issued by the Banco de España
- 2024 Amendments to the Guidelines on the Internal Capital Adequacy Assessment Process (ICAAP) and the Internal Liquidity Adequacy Assessment Process (ILAAP) at credit institutions, in relation to the treatment of interest rate risk and credit spread risk arising from non-trading book activities (19 February 2024)
- 2023 Guidelines on the governance and transparency of revolving credit for institutions subject to Banco de España supervision
- 2021 Guidelines on the organisational and operating criteria of customer service departments at institutions supervised by the Banco de España
- 2019 Supervisory guidelines for the use of automated valuation models (AVMs) by appraisal companies
- 2017. Guidelines on the Internal Capital and Liquidity Adequacy Assessment Process at credit institutions
Guidelines the Banco de España has adopted as its own
- EBA/GL/2023/10. EBA Guidelines amending Guidelines EBA/GL/2020/14 on the specification and disclosure of systemic importance indicators
(559 KB) - EBA/GL/2023/08. Guidelines on benchmarking of diversity practices, including diversity policies and gender pay gap, under Directive 2013/36/EU and Directive (EU) 2019/2034 (508 KB)
- EBA/GL/2023/06. Guidelines on overall recovery capacity in recovery planning (552 KB)
- EBA/GL/2023/05. Guidelines on resolvability testing (463 KB)
- EBA/GL/2023/02. Guidelines (revised) on methods for calculating contributions to deposit guarantee schemes under Directive 2014/49/EU, repealing and replacing Guidelines EBA/GL/2015/10 (951 KB)
- EBA/GL/2022/14. European Banking Authority guidelines on the management of interest rate risk (IRRBB) and the assessment and monitoring of credit spread risk (CSRBB) of non-trading activities (962 KB)
- EBA/GL/2022/13. Guidelines amending Guidelines (EBA/GL/2018/10) on disclosure of non-performing and forborne exposures (355 KB)
- EBA/GL/2022/11. Guidelines for institutions and resolution authorities to complement the resolvability assessment for transfer strategies (528 KB)
- EBA/GL/2022/08. Guidelines on the data collection exercises regarding high earners under Directive 2013/36/EU and Directive (EU) 2019/2034 (449 KB)
- EBA/GL/2022/06. Guidelines on the benchmarking exercises on remuneration practices, the gender pay gap and approved higher ratios under Directive 2013/36/EU (570 KB)
- EBA/GL/2022/04. Guidelines on the equivalence of confidentiality and professional secrecy regimes of third-country authorities (508 KB)
- EBA/GL/2022/03. Guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP) and supervisory stress testing (2 MB)
- EBA/GL/2022/02. Guidelines on the limited network exclusion under PSD2 (899 KB)
- EBA/GL/2022/01. Guidelines on improving resolvability for institutions and resolution authorities (728 KB)
- EBA/GL/2021/15. Guidelines on cooperation and information exchange between prudential supervisors, AML/CFT supervisors and financial intelligence units (455 KB)
- EBA/GL/2021/12. Guidelines on common assessment methodology for granting authorisation as a credit institution under Article 8(5) of Directive 2013/36/EU (823 KB)
- EBA/GL/2021/11. Guidelines on the minimum list of qualitative and quantitative recovery plan indicators (508 KB)
- EBA/GL/2021/10. Revised Guidelines on stress tests of deposit guarantee schemes under Directive 2014/49/EU (673 KB)
- EBA/GL/2021/09. Guidelines specifying the criteria to assess the exceptional cases when institutions exceed the large exposure limits of Article 395(1) of Regulation (EU) No 575/2013 and the time and measures to return to compliance pursuant to Article 396(3) of Regulation (EU) No 575/2013 (396 KB)
- EBA/GL/2021/08. Guidelines on the monitoring of the threshold and other procedural aspects on the establishment of intermediate EU parent undertakings under Article 21b of Directive 2013/36/EU (422 KB)
- EBA/GL/2021/06. Guidelines on the assessment of the suitability of members of the management body and key function holders (922 KB)
- EBA/GL/2021/07. Guidelines on criteria for the use of data inputs in the risk-measurement model referred to in Article 325bc of Regulation (EU) No 575/2013 (605 KB)
- EBA/GL/2021/05. Guidelines on internal governance (802 KB)
- EBA/GL/2021/04. Guidelines on sound remuneration policies under Directive 2013/36/UE (920 KB)
- EBA/GL/2021/01. Guidelines specifying the conditions for the application of the alternative treatment of institutions’ exposures related to ‘tri-party repurchase agreements’ set out in Article 403(3) of Regulation (EU) No 575/2013 for large exposures purposes (873 KB)
- EBA/GL/2020/14. Guidelines on the specification and disclosure of systemic importance indicators (433 KB)
- EBA/GL/2020/13. Guidelines on the appropriate subsets of sectoral exposures to which competent or designated authorities may apply a systemic risk buffer in accordance with Article 133(5)(f) of Directive 2013/36/EU (1 MB)
- EBA/GL/2020/12. Guidelines amending Guidelines EBA/GL/2018/01 on uniform disclosures under Article 473a of Regulation (EU) No 575/2013 (CRR) on the transitional period for mitigating the impact of the introduction of IFRS 9 on own funds to ensure compliance with the CRR ‘quick fix’ in response to the COVID-19 pandemic (924 KB)
- EBA/GL/2020/11. Guidelines on supervisory reporting and disclosure requirements in compliance with the CRR “quick fix” in response to the COVID-19 pandemic (568 KB)
- EBA/GL/2020/10. Guidelines on the pragmatic 2020 supervisory review and evaluation process in light of the COVID‐19 crisis (316 KB)
- EBA/GL/2020/09. Guidelines on the treatment of structural FX under Article 352(2) of Regulation (EU) No 575/2013 (CRR) (700 KB)
- EBA/GL/2020/07. Guidelines on reporting and disclosure of exposures subject to measures applied in response to the COVID-19 crisis (220 KB)
- EBA/GL/2020/06. Guidelines on loan origination and monitoring (837 KB)
- EBA/GL/2020/05. Guidelines on credit risk mitigation techniques for institutions applying the IRB approach with own estimates of LGDs (469 KB)
- EBA/GL/2020/04. Guidelines on the determination of the weighted average maturity (WAM) of the contractual payments due under the tranche in accordance with point (a) of Article 257(1) of Regulation (EU) No 575/2013 (941 KB)
- EBA/GL/2020/03: Guidelines amending Recommendations EBA/REC/2015/01 on the equivalence of confidentiality regimes (664 KB)
- Guidelines on legislative and non-legislative moratoria on loan repayments applied in the light of the COVID-19 crisis – Consolidated version updated on 2 December 2020 (1 MB)
- Guidelines amending EBA/GL/2020/02 on legislative and non-legislative moratoria on loan repayments applied in the light of the COVID-19 crisis (EBA/GL/2020/15)- Second amendment (381 KB)
- Guidelines amending EBA/GL/2020/02 on legislative and non-legislative moratoria on loan repayments applied in the light of the COVID-19 crisis (EBA/GL/2020/08)-First amendment (189 KB)
- Guidelines on legislative and non-legislative moratoria on loan repayments applied in the light of the COVID-19 crisis (EBA/GL/2020/02) (308 KB)
- Guidelines amending EBA/GL/2020/02 on legislative and non-legislative moratoria on loan repayments applied in the light of the COVID-19 crisis (EBA/GL/2020/15)- Second amendment
- EBA/GL/2019/05: Guidelines on harmonized definitions and templates for funding plans of credit institutions under Recommendation of the European Systemic Risk Board of 20 December 2012 (ESRB/2012/2) (499 KB)
- EBA/GL/2019/04. Guidelines on ICT and security risk management (1 MB)
- EBA/GL/2019/03. Guidelines for the estimation of LGD appropriate for an economic downturn (‘Downturn LGD estimation’) (1 MB)
- EBA/GL/2019/02. Guidelines on outsourcing (1 MB)
- EBA/GL/2019/01. Guidelines on specification of types of exposures to be associated with high risk under Article 128(3) of Regulation No 575/2013 (437 KB)
- JC 2018/ 35. Joint Committee Guidelines on complaints-handling for the securities and banking sectors (663 KB)
- EBA/GL/2018/10. Guidelines on disclosure of non-performing and forborne exposures (1 MB)
- EBA/GL/2018/09. Guidelines on the STS criteria for non-ABCP securitisation (743 KB)
- EBA/GL/2018/08. Guidelines on the STS criteria for ABCP securitisation (1 MB)
- EBA/GL/2018/06. Guidelines on management of non-performing and forborne exposures (1 MB)
- EBA/GL/2018/05. Guidelines on reporting requirements for fraud data under Article 96(6) PSD2 (EBA/GL/2018/05), consolidated version updated on January 2020. (1 MB)
- EBA/GL/2018/04. Guidelines on institutions’ stress testing (482 KB)
- EBA/GL/2018/03. Guidelines on the revised common procedures and methodologies for the supervisory review and evaluation process (SREP) and supervisory stress testing (183 KB)
- EBA/REC/2018/03. Recommendations amending Recommendations EBA/REC/2015/01 on the equivalence of confidentiality regimes (183 KB)
- EBA/GL/2018/01. Guidelines on uniform disclosures under Article 473a of Regulation (EU) No 575/2013 as regards transitional arrangements for mitigating the impact of the introduction of IFRS 9 on own funds (268 KB)
- EBA/REC/2018/01. Recommendations amending Recommendations EBA/REC/2015/01 on the equivalence of confidentiality regimes (193 KB)
- EBA/GL/2017/16. Guidelines on PD estimation, LGD estimation and the treatment of defaulted exposures (608 KB)
- EBA/GL/2017/15. Guidelines on connected clients under Article 4(1)(39) of Regulation (EU) No 575/2013 (568 KB)
- EBA/GL/2017/14. Guidelines on supervision of significant branches (321 KB)
- EBA/GL/2017/13. Guidelines on procedures for complaints of alleged infringements of PaymentServices Directive 2 (PSD2) (564 KB)
- EBA/GL/2017/09. EBA Guidelines under Directive (EU) 2015/2366 (PSD2) on the information to be provided for the authorisation of payment institutions and e-money institutions and for the registration of account information service providers (1 MB)
- EBA/GL/2017/08. Guidelines on the criteria on how to stipulate the minimum monetary amount of the professional indemnity insurance or other comparable guarantee under Article 5(4) of Directive (EU) 2015/2366 (735 KB)
- EBA/GL/2017/06. Guidelines on credit institutions’ credit risk management practices and accounting for expected credit losses (621 KB)
- EBA/GL/2017/05. Guidelines on ICT Risk Assessment under the Supervisory Review and Evaluation process (SREP) (402 KB)
- EBA/REC/2017/02. Recommendation on the coverage of entities in the group recovery plan (253 KB)
- EBA/GL/2017/01. Guidelines on LCR disclosure to complement the disclosure of liquidity risk management under Article 435 of Regulation (EU) No 575/2013 (447 KB)
- EBA/REC/2017/01. Recommendations amending Recommendations EBA/REC/2015/01 on the equivalence of confidentiality regimes (240 KB)
- JC/GL/2016/01 - Joint Guidelines on the prudential assessment of acquisitions and increases of qualifying holdings in the financial sector (665 KB)
- EBA/GL/2016/11. Guidelines on disclosure requirements under Part Eight of Regulation (EU) No 575/2013 (1 MB)
- EBA/GL/2016/10. Guidelines on ICAAP and ILAAP information collected for SREP purposes (288 KB)
- EBA/GL/2016/09. Guidelines on corrections to modified duration for debt instruments under the second subparagraph of Article 340(3) of Regulation (EU) 575/2013 (294 KB)
- EBA/GL/2016/08. Guidelines on implicit support for securitisation transactions (169 KB)
- EBA/GL/2016/07. Guidelines on the application of the definition of default under Article 178 of Regulation (EU) No 575/2013 (366 KB)
- EBA/GL/2016/06. Guidelines on remuneration policies and practices related to the sale and provision of retail banking products and services (268 KB)
- EBA/GL/2016/05. Guidelines on communication between competent authorities and auditors and audit firm (293 KB)
- EBA/GL/2016/03. Guidelines on the provision of information in summary or collective form for the purposes of Article 84(3) of Directive 2014/59/EU (133 KB)
- EBA/GL/2015/21. Final Guidelines on the minimum criteria to be fulfilled by a business reorganisation plan (206 KB)
- EBA/GL/2015/20. Guidelines - Limits on exposures to shadow banking entities which carry out banking activities outside a regulated framework under Article 395(2) of Regulation (EU) No 575/2013 (252 KB)
- EBA/GL/2015/19. Guidelines on passport notifications for credit intermediaries under the Mortgage Credit Directive (159 KB)
- EBA/GL/2015/18. Guidelines on product oversight and governance arrangements for retail banking products (267 KB)
- EBA/GL/2015/17. Guidelines specifying the conditions for group financial support under Article 23 of Directive 2014/59/EU (214 KB)
- EBA/GL/2015/12. Guidelines on arrears and foreclosure (445 KB)
- EBA/GL/2015/10. Guidelines on methods for calculating contributions to deposit guarantee schemes (668 KB)
- EBA/GL/2015/09. Guidelines on payment commitments under Directive 2014/49/EU on deposit guarantee schemes. (407 KB)
- EBA/GL/2015/07. Guidelines on the interpretation of the different circumstances when an institution shall be considered as failing or likely to fail (268 KB)
- EBA/GL/2015/03. Guidelines on triggers for use of early intervention measures pursuant to Article 27(4) of Directive 2014/59/EU (231 KB)
- EBA/REC/2015/02. Recommendations amending Recommendations EBA/REC/2015/01 on the equivalence of confidentiality (169 KB)
- EBA/GL/2015/01. Guidelines on national provisional lists of the most representative services linked to a payment account and subject to a fee under the Payment Accounts Directive (2014/92/EU) (535 KB)
- EBA/REC/2015/01. Recommendations on the equivalence of confidentiality regimes (617 KB)
- EBA/GL/2014/14. Guidelines on materiality, proprietary and confidentiality and on disclosure frequency under Articles 432(1), 432(2) and 433 of Regulation (EU) No 575/2013 (698 KB)
- EBA/GL/2014/11. Guidelines on the specification of measures to reduce or remove impediments to resolvability and the circumstances in which each measure may be applied (456 KB)
- EBA/GL/2014/10. Guidelines on the criteria to determine the conditions of application of Article 131(3) of Directive 2013/36/EU (CRD) in relation to the assessment of other systemically important institutions (O-SIIs) (496 KB)
- EBA/GL/2014/09. Guidelines on the types of tests, reviews or exercises that may lead to support measures (287 KB)
- JC/GL/2014/01. Joint Guidelines on the convergence of supervisory practices relating to the consistency of supervisory coordination arrangements for financial conglomerate (418 KB)
- JC/GL/2014/01. Joint Guidelines on the convergence of supervisory practices relating to the consistency of supervisory coordination arrangements for financial conglomerates - Template for the mapping process for the financial conglomerate
(67 KB) - JC 2014 43. Guidelines on complaints-handling for the securities (ESMA) and banking (EBA) sectors. (330 KB)
- EBA/GL/2014/08. Guidelines on the remuneration benchmarking exercise. (300 KB)
- EBA/GL/2014/07. Guidelines on the data collection exercise regarding high earners. (526 KB)
- EBA/GL/2014/06. Guidelines on the range of scenarios to be used in recovery plans. (743 KB)
- EBA/GL/2014/05. Guidelines on significant credit risk transfer relating to Articles 243 and 244 of Regulation 575/2013. (634 KB)
- EBA/GL/2014/03. Guidelines on disclosure of encumbered and unencumbered assets. (436 KB)
- EBA/GL/2014/01. Guidelines on the applicable notional discount rate for variable remuneration. (1 MB)
- EBA/REC/2014/01. Recommendations on the use of the Legal Entity Identifier (LEI) (655 KB)
Recommendations and warnings of the European Systemic Risk Board relevant for the Banco de España
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)
- Recommendation ESRB/2019/1 (Sweden) (488 KB)
- Recommendation ESRB/2021/2 (Luxembourg) (452 KB)
- Recommendation ESRB/2021/3 (Norway) (481 KB)
- Recommendation ESRB/2021/6 (France) (464 KB)
- Recommendation ESRB/2022/1 (The Netherlands and Lithuania) (573 KB)
- Recommendation ESRB/2022/4 (Germany) (544 KB)
- Recommendation ESRB/2023/1 (Norway) (464 KB)
- Recommendation ESRB/2023/4 (Sweden) (543 KB)
- Recomendation ESRB/2023/9 (Belgium) (518 KB)
- Recommendation ESRB/2023/13 (Portugal) (622 KB)
- Recommendation ESRB/2023/13 (Denmark) (622 KB)
- 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.