New Royal Decree-Law for the rationalization of the Spanish financial system

A NEW ROYAL DECREE-LAW FOR THE RATIONALIZATION OF THE SPANISH FINANCIAL SYSTEM HAS BEEN APPROVED

Following the approval in February 2012 of Royal Decree-law 2/2012 (“RDL 2/2012”), the Spanish Council of Ministers has approved a new Royal Decree-law 18/2012 (“RDL 18/2012”), which came into force on 12 May.

To read more information on the New Provisioning Requirements click here.