Matters Regulatory
CECA carries out constant monitoring of the regulatory framework affecting its affiliated credit institutions, with the aim of providing them with updated information and effectively representing their interests before regulatory and supervisory authorities.
CECA covers all areas of banking regulation so that the affiliated entities can anticipate regulatory changes with the greatest impact on their business model.
To this end, it conducts a identification of regulatory projects, both at the national and international levels, prepares sectoral positions, actively participates in public consultation processes, and provides rigorous and continuous monitoring of the processing of the files with the greatest impact for its entities until their publication.
For the defense of the interests of the affiliated entities on European matters, CECA relies on the European Association of Savings Banks and Retail Banks (ESBG).
News Highlighted Regulatory Matters
Supervision and solvency
The Governing Council of the European Central Bank has published recommendations to simplify the regulatory, supervisory, and reporting frameworks, and that refer to aspects such as:
Reducing the number of elements in the risk-weighting and leverage ratio frameworks
Introducing a prudential regime that is considerably simpler for smaller entities, based on the existing EU regime
Introducing a European governance mechanism that incorporates a holistic view of the overall capital level
Completing the Union of Savings and Investments, including the Banking Union.
Markets
The European Commission has put out for consultation the regulatory package on capital markets integration, a key initiative within the Savings and Investment Union, composed of the proposals of two Regulations, a Directive, and a Communication.
The Ministry of Economy, Trade, and Business has published a prior public consultation on the creation of a Savings and Investment Account and the implementation of the "Finance Europe" Label, aiming to adapt the Spanish framework to the principles set forth in the European Commission Recommendation on the savings and investment account, as well as in the "Finance Europe" agreement.
The National Securities Market Commission has presented its Plan for simplifying supervisory actions with the goal of avoiding duplicities, reducing procedures, and improving the systems of submission and management.
Retail
Directive 2025/2647 aims to improve consumer protection and strengthen the role of the consumer mediator. It includes aspects such as: (i) expanding the scope of extrajudicial dispute resolution procedures, (ii) access and requirements of alternative dispute resolution entities and procedures, (iii) information to be provided about the alternative dispute resolution entity, and (iv) alternative dispute resolution contact points in cross-border disputes.
Law 10/2025 aims to establish minimum quality levels and evaluate customer service for large companies providing certain basic general interest services.
The Ministry of Economy, Trade, and Business has initiated two public hearings on a Draft Law on consumer credit contracts and a Draft Royal Decree that develops said Law, to transpose to the Spanish legal system Directive 2023/2225 and Directive 2023/2225.
The Draft Law establishes the regulation of consumer protection norms and those for lenders, as well as the consumer credit advisory activity.
The Draft Royal Decree establishes the consumer protection and conduct norms that lenders and credit intermediaries must comply with, and the cost-limiting measures for consumer credit contracts.