Within the framework of the IV International Conference of United Nations on the Financing for the Development, that it takes place in Sevilla, the parallel “event facilitating Environments for the development of infrastructures resilientes: Recommendations of policy of the B20 – Business at OECD – ICC to mobilise private”financing, has brought together to different representatives of the banking sector to international level

The share of the banking sector Spanish, thanks to the banking associations, has stressed the essential role of the financial sector as a base of the international hit of the economies and of its workers' prosperity and companies, that via the financing multiplies its positive effect in the growth and employment

AEB and CECA have sued a better coherence and regulatory proportionality and optimise the financing to promote the competitiveness

 

The banking associations AEB and CECA vindicate the need of a regulatory simplification in the banking sector, that it allows moving forward in the investment and the competitiveness of companies. It is the relocated message in the event “Environments facilitating for the development of infrastructures resilientes: Recommendations of policy of the B20 – Business at OECD – ICC to mobilise private”financing, within the framework of the IV International Conference on financing For development in Sevilla.

Specifically, emphasise the need of having an international coherent regulatory framework and standardised, with the aim of avoiding the fragmentation, on one hand, and unblock the financing of the private sector in the infrastructures resilientes.

For this, in line with the recommendations of the Consultative group of companies in the OECD (Business at the OECD-BIAC) built in in the document Business Priorities for the OECD Finance agenda, vindicate the need of having a regulatory common environment to international level, stable and based on the risks that confronts the financial system, based on the balance between proportionality and effectiveness.

AEB and CECA defend that this is essential so that the banking sector can carry out effectively its proactive role in the sustainable economic development capital and long-lasting. In the same meaning, and in line with the recommendations of Business at the OECD (BIAC) to the OECD, point out that the temporary taxes introduction extraordinary on the profits of the banking sector can have undesired consequences for the financial stability, as they have underlined also the European Central Bank (ECB) or the International Monetary Fund (IMF), for its detrimental impact in the skills of granting of financing to homes, companies and SMEs, and in the resilience of the companies before possible shocks economic.

In the same way, warn of the effects of regulatory asymmetries and district attorneys that they produce these taxes ad hoc in the whole of the economy, for the lack of legal certainty and its consequences in the foreign investments