Legislation

MAIN LEGISLATION

Regulations on Deposit Guarantee Funds.

Basic Legislation

• Royal Decree-Law 16/2011, of 14 October, on the creation of the Deposit Guarantee Fund of Credit Institutions.
• Royal Decree 2606/1996, of 20 December, of deposit guarantee funds of credit institutions.

Complementary Legislation

• Royal Decree 102/2019, of 1 March, of creation of the Macroprudential Authority of the Financial Stability Council, which establishes its legal regime and develops certain aspects related to the macroprudential measures tools.
• Bank of Spain Circular 1/2019, of January 30, which amends Bank of Spain Circular 8/2015, of 18 December, to branches of credit institutions and credit institutions members of the Deposit Guarantee Fund of Credit Institutions, on information to determine the calculation base of the contributions to the Deposit Guarantee Fund of Credit Institutions (entry into force on August 8, 2019).
• Arts. 30 quater and 43 of Royal Decree 217/2008, of 15 February, in relation to the legal regime of investment firms and rest of the entities that can perform investment services and which partially amends the regulation of Law 35/2003, of 4 November, of Collective Investment Institutions, approved by Royal Decree 1309/2005, of November 4, included by the fourth final disposition of Royal Decree 1464/2018, of 21 December (entry into force 17 of April 2019).
• Bank of Spain Circular 1/2018, of 31January, that amends Bank of Spain Circular 5/2016, of 27 May on the method of calculating the contributions of the member institutions to the Deposit Guarantee Fund of Credit Institutions are commensurate with the risk profile and that amends Bank of Spain Circular 8/2015, of 18 December, to branches of credit institutions and credit institutions members of the Deposit Guarantee Fund of Credit Institutions, on information to determine the calculation base of the contributions to the Deposit Guarantee Fund of Credit Institution.
• Royal Decree-Law 11/2017, of 23 June, on urgent financial measures.
• Spelling correction of Circular 5/2016 of 27 May, the Bank of Spain , on the method of calculation for the contributions of the member institutions to the Deposit Guarantee Fund of Credit Institutions are commensurate with their risk profile.
• Bank of Spain Circular 5/2016, of 27 May, on the method of calculating the contributions of the member institutions to the Deposit Guarantee Fund of Credit Institutions are commensurate with the risk profile.
• Bank of Spain Circular 8/2015, of 18 December, to branches of credit institutions and credit institutions members of the Depposit Guarantee Fund of Credit Institutions, on information to determine the calculation base of the contributions to the Deposit Guarantee Fund of Credit Institutions.
• Bank of Spain Circular 8/2015, of 18 December, to branches of credit institutions and credit institutions members of the Deposit Guarantee Fund of Credit Institutions, on information to determine the calculation base of the contributions to the Deposit Guarantee Fund of Credit Institutions.
• Royal Decree 1012/2015, of 6 November, that develops Law 11/2015, of 18 June of recovery and resolution of credit institutions and investment firms and that amends Royal Decree 2606/1996, 20 of December, of deposit guarantee funds of credit institutions.
• Law 11/2015, of 18 June, of recovery and resolution of credit institutions and investment firms.
• Sixth Additional Provision of Royal Decree 84/2015, of 13 February, of development of Law 10/2014, of 26 June, on regulation, supervision and solvency of credit institutions (Representatives of credit institutions members of the Management Committe of the Deposit Guarantee Fund of Credit Institutions).
• Law 9/2012, of 14 November 2012, on credit institution restructuring and resolution.
• Royal Decree-law 2/2011, of 18 February, on the strengthening of the Spanish financial system.
• Royal Decree 628/2010, of 14 May, that amends Royal Decree 2606/1996, of 20 December, of deposit guarantee funds of credit institutions, and Royal Decree 948/20111, of 3 August, of investor compensation schemes

Community Legislation

• European Banking Authority (EBA) Guidelines on Stress Tests of deposit guarantee schemes under Directive 2014/49/EU (EBA/GL/2016/04).
• European Banking Authority (EBA) Guidelines on cooperation agreements between deposit guarantee schemes under Directive 2014/49/EU (EBA/GL/2016/02).
• European Banking Authority (EBA) Guidelines on methods for calculating contributions to deposit guarantee schemes (EBA/GL/2015/10.
• European Banking Authority (EBA) Guidelines on payment commitments under Directive 2014/49/EU on Deposit Guarantee Schemes (EBA/GL/2015/09).
• Commission Delegated Regulation (EU) 2015/63, of 21 October 2014, supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to ex ante contributions to resolution financing arrangements.
• Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms and amending Council Directive 82/891/EEC, and Directives 2001/24/EC, 2002/47/EC, 2004/25/EC, 2005/56/EC, 2007/36/EC, 2011/35/EU, 2012/30/EU and 2013/36/EU, and Regulations (EU) No 1093/2010 and (EU) No 648/2012, of the European Parliament and of the Council.
• Directive 2014/49/EU of the European Pariliament and of the Council of 16 April 2014 on deposit guarantee schemes.
• Directive 2009/14/EC of the European Parliament and of the Council of 11 March 2009, amending Directive 94/19/EC on deposit-guarantee schemes as regards the coverage level and the payout delay.
• Directive 97/9/EC of the European Parliament and of the Council of 3 March 1997 on investor-compensation schemes.
• Directive 94/19/EC of the European Parliament and of the Council of 30 May 1994 on deposit-guarantee schemes.