Legislation

Here you can find the relevant legislation governing the activities of the FGD. This section lists both basic law and regulations (national and European) and all other regulations governing the FGD’s activities.

Basic legislation

Spanish legislation:

• Royal Decree-Law 16/2011 – Creating the FGD
• Royal Decree 2606/1996 – Regulations implementing RDL 16/2011

European legislation:

• Directive 2014/49/EU – Deposit guarantee schemes
• Directive 97/9/EC of the Parliament and of the Council

Rules and regulations on contributions (Circulars)

• Circular 8/2015 – On the calculation base for contributions
• Circular 5/2016 – On the method for calculating contributions

EBA guidelines

• EBA/GL/2023/02 – Methods for calculating contributions (revised)
• EBA/GL/2021/17 – Available financial means (AFM)
• EBA/GL/2021/10 – Stress tests
• EBA/GL/2016/02 – Cooperation agreements
• EBA/GL/2015/09 – Payment commitments

Rules and regulations on resolution

Spanish legislation:

• Law 11/2015 – Recovery and resolution of credit institutions
• Royal Decree 1012/2015 – Implementing Law 11/2015
• Law 9/2012 – Recovery and resolution of credit institutions

European legislation:

• Directive 2014/59/EU Framework for the recovery and resolution of credit institutions
• Regulation (EU) No 806/2014 rules and procedure for the resolution of credit institutions and certain investment firms.
• Commission Delegated Regulation (EU) 2015/63, on ex ante contributions to resolution financing arrangements

Supplementary legislation

Spanish legislation:

• Royal Decree 813/2023 Legal regime of the investment firms (Art. 76 and 79)
• Royal Decree 628/2010 – Amending the regulations on investor compensation
• Royal Decree-Law 2/2011 – Exemption from the obligation to make a takeover bid
• Additional Provision Six of Royal Decree 84/2015 – Representatives of entities adhered to the FGD’s Management Committee
• Royal Decree 102/2019 – Creating the Macroprudential Authority Financial Stability Board European legislation

This section contains the consolidated texts of the various regulations published by the State Agency for the Official State Gazette (Agencia Estatal Boletín Oficial del Estado). The consolidated texts provided here are included for information purposes only and have no legal effect. For legal purposes, please refer to the texts published in the Official State Gazette (BOE).