Adapting the supervision of credit institutions to the COVID-19 crisis

Artículo de revista

Detalles Bibliográficos
Autores: Eirea Álvarez, Sonsoles, Oroz, María, Díez, Carlos
Tipo de recurso: artículo
Fecha de publicación:2021
País:España
Institución:Banco de España
Repositorio:Repositorio Institucional del Banco de España
OAI Identifier:oai:repositorio.bde.es:123456789/17321
Acceso en línea:https://repositorio.bde.es/handle/123456789/17321
Access Level:acceso abierto
Palabra clave:BCE. Banco Central Europeo
Regulación y supervisión de instituciones financieras
Bancos centrales y otras autoridades monetarias
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spelling Adapting the supervision of credit institutions to the COVID-19 crisisEirea Álvarez, SonsolesOroz, MaríaDíez, CarlosBCE. Banco Central EuropeoRegulación y supervisión de instituciones financierasBancos centrales y otras autoridades monetariasArtículo de revistaThe Banco de España has had to adapt its supervisory priorities, methodologies and approaches to respond to the crisis triggered by the COVID-19 pandemic. This response has been coordinated with the European Central Bank (ECB) and the other regulatory and supervisory bodies with which it collaborates. Ongoing off-site monitoring activities have mainly adapted by realigning supervisory priorities, reassigning tasks and resources and changing procedures. This has ensured, since the onset of the crisis, the availability of timely information on the pandemic’s impact on institutions and the adoption of the measures required for them to continue providing banking services to the general public. Working from home has barely affected supervisory activity, since most of the teams already worked on a remote basis. On-site supervision, usually conducted physically at institutions, has had to adapt its methodology and processes to remote working. Following the return of the inspection teams posted at institutions in Spain and abroad, and the introduction of remote working, on-site inspections were reorganised and replanned. As a result, a significant volume of inspections was maintained and completed in 2020. In an adverse environment of heightened uncertainty, adapting the supervisory function to remote working has not only been successful, but it will also allow us to incorporate some of the lessons learned into our usual work procedures and methodologies.Banco de EspañaMadrid : Banco de España, 20212021info:eu-repo/semantics/articleapplication/pdfhttps://repositorio.bde.es/handle/123456789/17321reponame:Repositorio Institucional del Banco de Españainstname:Banco de EspañaInglésFinancial Stability Review / Banco de España, 40 (Spring 2021), p. 63-81Versión en español 123456789/16734info:eu-repo/semantics/openAccessoai:repositorio.bde.es:123456789/173212026-06-20T12:44:27Z
dc.title.none.fl_str_mv Adapting the supervision of credit institutions to the COVID-19 crisis
title Adapting the supervision of credit institutions to the COVID-19 crisis
spellingShingle Adapting the supervision of credit institutions to the COVID-19 crisis
Eirea Álvarez, Sonsoles
BCE. Banco Central Europeo
Regulación y supervisión de instituciones financieras
Bancos centrales y otras autoridades monetarias
title_short Adapting the supervision of credit institutions to the COVID-19 crisis
title_full Adapting the supervision of credit institutions to the COVID-19 crisis
title_fullStr Adapting the supervision of credit institutions to the COVID-19 crisis
title_full_unstemmed Adapting the supervision of credit institutions to the COVID-19 crisis
title_sort Adapting the supervision of credit institutions to the COVID-19 crisis
dc.creator.none.fl_str_mv Eirea Álvarez, Sonsoles
Oroz, María
Díez, Carlos
author Eirea Álvarez, Sonsoles
author_facet Eirea Álvarez, Sonsoles
Oroz, María
Díez, Carlos
author_role author
author2 Oroz, María
Díez, Carlos
author2_role author
author
dc.subject.none.fl_str_mv BCE. Banco Central Europeo
Regulación y supervisión de instituciones financieras
Bancos centrales y otras autoridades monetarias
topic BCE. Banco Central Europeo
Regulación y supervisión de instituciones financieras
Bancos centrales y otras autoridades monetarias
description Artículo de revista
publishDate 2021
dc.date.none.fl_str_mv 2021
dc.type.none.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://repositorio.bde.es/handle/123456789/17321
url https://repositorio.bde.es/handle/123456789/17321
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Financial Stability Review / Banco de España, 40 (Spring 2021), p. 63-81
Versión en español 123456789/16734
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Banco de España
Madrid : Banco de España, 2021
publisher.none.fl_str_mv Banco de España
Madrid : Banco de España, 2021
dc.source.none.fl_str_mv reponame:Repositorio Institucional del Banco de España
instname:Banco de España
instname_str Banco de España
reponame_str Repositorio Institucional del Banco de España
collection Repositorio Institucional del Banco de España
repository.name.fl_str_mv
repository.mail.fl_str_mv
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