are obligations imposed by LEY 57/1968 on financial institutions -
some banks have not acted with diligence"
Source: Banco de España Memoria
del Servicio de Reclamaciones 2008 & El Pais Newspaper - August 2008
solutions tailored to the present-day problems must be sought"
"Good supervisors should not limit themselves to analysing the
present, but should also anticipate possible scenarios
of non-viability that might arise in the future and attempt to
reduce problems to a minimum before they emerge"
Source: Miguel Ángel
Fernández Ordóñez - Ex-Governor of Banco de España - Speech at
Fundación de Estudios Financieros, Madrid, 1 December 2011