Spain IAIS Insurance Core Principles: Detailed Assessment of Observance

This paper provides an update on the significant regulatory and supervisory development in the Spanish insurance sector since 2006. The Spanish authorities have taken steps to address a number of shortcomings identified in the 2006 Financial Sector Assessment Program. Most notably, cooperation and c...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2012
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02322nmm a2200541 u 4500
001 EB000925305
003 EBX01000000000000000718901
005 00000000000000.0
007 cr|||||||||||||||||||||
008 150128 ||| eng
020 |a 9781475504262 
245 0 0 |a Spain  |b IAIS Insurance Core Principles: Detailed Assessment of Observance 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2012 
300 |a 83 pages 
651 4 |a Spain 
653 |a Insurance companies 
653 |a Revenue administration 
653 |a Institutional Investors 
653 |a Pension Funds 
653 |a Finance 
653 |a Public finance & taxation 
653 |a Industries: Financial Services 
653 |a Financial sector policy and analysis 
653 |a Financial institutions 
653 |a Bankruptcy 
653 |a Financial Instruments 
653 |a Debt 
653 |a Legal support in revenue administration 
653 |a Non-bank Financial Institutions 
653 |a Internal controls 
653 |a Solvency 
653 |a Taxation, Subsidies, and Revenue: General 
653 |a Liquidation 
653 |a Actuarial Studies 
653 |a Public Finance 
653 |a Finance: General 
653 |a Insurance Companies 
653 |a Revenue 
653 |a Insurance 
653 |a Insurance & actuarial studies 
710 2 |a International Monetary Fund 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
028 5 0 |a 10.5089/9781475504262.002 
856 4 0 |u https://elibrary.imf.org/view/journals/002/2012/139/002.2012.issue-139-en.xml?cid=25979-com-dsp-marc  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a This paper provides an update on the significant regulatory and supervisory development in the Spanish insurance sector since 2006. The Spanish authorities have taken steps to address a number of shortcomings identified in the 2006 Financial Sector Assessment Program. Most notably, cooperation and coordination among the three sectoral supervisors have improved. The paper reveals that despite the lack of independence in the regulatory structure, there is no evidence to suggest that the General Directorate of Insurance and Pension Funds is not independent in carrying out its duties