01990cas a2200241 a 4500 AALejournalIMF018047 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484327074 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. Spain : Financial Sector Assessment Program-Technical Note-Institutional Arrangements for Financial Sector Oversight. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (28 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Technical Note discusses the findings and recommendations in the Financial Sector Assessment Program for Spain regarding institutional arrangements for financial sector oversight. The macroprudential policy framework for banking is now in place, although the national macroprudential authority has not been established. Banco de Espana is the national designated authority for exercising certain macroprudential powers and, under the Banking Union, shares macroprudential oversight with the European Central Bank, which possesses 'top-up' powers. It is recommended that the macroprudential toolkit be expanded, particularly to include more effective tools to deal with risks associated with real estate exposures. Monitoring of system-wide trends also needs to be conducted with a greater focus on risks and macro-financial perspectives. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/337 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/337/002.2017.issue-337-en.xml IMF e-Library