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1. Strategic lines|
Economic and regulatory enviroment|
Building the future|
Business lines 2. Financial information|
Activity|
Income Statement | Capital base|
Ratings 3. Business risk|
The risk function at Cecabank03 Our Business Model
Cecabank
2015 Annual Report
2Q
Regulatory environment
Institutional agenda
Main events in 2015
1Q
3Q
4Q
Royal Decree 84/2015,
of 13 February,
which develops Act 10/2014, of 26 June,
on the organization, supervision and
solvency of credit institutions.
Act 11/2015,
of 18 June, on the recovery
and resolution of credit institutions and
investment service companies.
Act 25/2015,
of 28 July, on the second
opportunity mechanism, reduction in the
financial charge and other social measures.
Royal Decree 877/2015,
of 2 October,
which develops Act 26/2013, of 27
December, on savings banks and bank
foundations, which regulates the reserve
fund which certain bank foundations
have to constitute.
Order ECC/2316/2015,
of 5 November,
on obligations in relation to information
and classification of financial products.
Royal Decree 1012/2015,
of 6 November,
which develops Act 11/2015, of 18
June, on the recovery and resolution of
credit institutions and investment service
companies and which amends Royal Decree
2606/1996, of 20 December on credit
institutions’ deposit guarantee funds.
Council Implementing Regulation (EU) 2015/81
of 19 December 2014 which specifies uniform
conditions for the application of (EC) Regulation
no. 806/2014 of the European Parliament
and the Commission in relation to ex ante
contributions to the Single Resolution Fund.
Regulation (EC) 2015/848
of the European
Parliament and the Council of 20 May 2015 on
insolvency procedures.
Directive (EU) 2015/849
of the European
Parliament and the Council of 20 May 2015
on the prevention of the use of the financial
system for money-laundering or the financing
of terrorism, which amends Regulation (EU) no.
648/2012 of the European Parliament and the
Council, and derogates Directive 2005/60/EC
of the European Parliament and the Council and
Directive 2006/70/EC of the Commission.
Regulation (EU) 2015/847
of the European
Parliament and the Council of 20 May 2015 on
the information accompanying fund transfers,
which derogates Regulation (EC) no. 1781/2006.
Council Regulation (EU) 2015/1360
of 4
August 2015 which amends Regulation (EU)
no. 407/2010 which established a European
financial stabilization mechanism.
Directive (EU) 2015/2366
of the European
Parliament and the Council of 25 November
2015 on payment services in the internal
market, which amends Directives 2002/65/
CE, 2009/110/EC and 2013/36/EU and
Regulation (EU) no. 1093/2010 and derogates
Directive 2007/64/EC.
2015
National
International