Dirección General De Seguros Y Fondos De Pensiones
The Directorate-General for Insurance and Pension Funds ( es, Dirección General de Seguros y Fondos de Pensiones) (DGSFP) is the Spanish government's financial regulatory department that supervises and controls Spain's insurance and pension fund sector. It is responsible for ensuring that the sector functions properly and provides customers of insurance agencies and members of pension funds with appropriate protection. To that end, it is empowered to regulate, issue instructions to, and supervise the institutions that comprise the sector, thus guaranteeing proper operation in accordance with current legislation.http://www.meh.es/en-GB/Areas%20Tematicas/Seguros%20y%20Fondos%20de%20Pensiones/Paginas/default.aspx Structure and Functions of the Directorate-General for Insurance and Pension Funds It is part of the ''Spanish State Secretariat for Economic Affairs'' (Secretaría de Estado de Economía) of the Ministry of Economy of Spain. History The DGSFP was established under Roy ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sede De La DGSFyP, Paseo De La Castellana, Madrid, 2020-09-08
{{disambiguation, surname ...
Sede may refer to: People * Gérard de Sède * Marc Dion Sédé (born 1987), Ivorian football player Places * Sede, Ethiopia * Sede, district of Santa Maria, Brazil Other * SEDE, the Subcommittee on Security and Defence of the European Parliament See also * Sde (other) * SDE (other) Sde ( he, שְׂדֵה, link=no), also sometimes transliterated Sede, is a Hebrew word meaning ''field'' and may refer to the following places: * Sde Boaz * Sde Boker * Sde David * Sde Eliezer * Sde Eliyahu * Sde Ilan * Sde Moshe * Sde Nahum * ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financial Regulation
Financial regulation is a form of regulation or supervision, which subjects financial institutions to certain requirements, restrictions and guidelines, aiming to maintain the stability and integrity of the financial system. This may be handled by either a government or non-government organization. Financial regulation has also influenced the structure of banking sectors by increasing the variety of financial products available. Financial regulation forms one of three legal categories which constitutes the content of financial law, the other two being market practices and case law. History In the early modern period, the Dutch were the pioneers in financial regulation. The first recorded ban (regulation) on short selling was enacted by the Dutch authorities as early as 1610. Aims of regulation The objectives of financial regulators are usually: * market confidence – to maintain confidence in the financial system * financial stability – contributing to the protection and e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pension Fund
A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity. The Federal Old-age and Survivors Insurance Trust Fund, which oversees $2.66 trillion in assets, is the world's largest public pension fund. Classifications Open vs. closed pension fund Open pension funds suppor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ministry Of Economy (Spain)
The Ministry of Economic Affairs and Digital Transformation (MINECO) is the department of the Government of Spain responsible for the proposing and carrying out the government policy on economic affairs, business support and reforms to improve economic potential growth as well as acting as the communication channel with the European Union and other economic and financial international organizations in this matters. Likewise, this department is responsible for the telecommunications policy and the digital transformation. This has been a ministry that for most of its history has been linked to the Ministry of the Treasury, including a large part of the democratic stage, although they are now separated. The MINECO is headed by the Economy Minister, a Cabinet member who is appointed by the Monarch at request of the Prime Minister, after hearing the Council of Ministers. The Minister of Economy and Business is assisted by five high-ranking officials, the Secretary of State for Econom ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Spain
, image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , image_map = , map_caption = , image_map2 = , capital = Madrid , coordinates = , largest_city = Madrid , languages_type = Official language , languages = Spanish language, Spanish , ethnic_groups = , ethnic_groups_year = , ethnic_groups_ref = , religion = , religion_ref = , religion_year = 2020 , demonym = , government_type = Unitary state, Unitary Parliamentary system, parliamentary constitutional monarchy , leader_title1 = Monarchy of Spain, Monarch , leader_name1 = Felipe VI , leader_title2 = Prime Minister of Spain ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ministry Of Economy And Finance (Spain)
The Ministry of Economy and Finance (MEH) was a ministerial department in the Government of Spain that merged the traditional ministries of Finance and Economy, with competences on economic affairs, public finance and budgets. It was established on two occasions: the first time during the premierships of Felipe González (1982–1996) and the first term of José María Aznar (1996–2000), and the second time during the premiership of José Luis Rodríguez Zapatero José Luis Rodríguez Zapatero (; born 4 August 1960) is a Spanish politician and member of the Spanish Socialist Workers' Party (PSOE). He was the Prime Minister of Spain being elected for two terms, in the 2004 and 2008 general elections. ... (2004–2011). Due to its size and the vast amount of competences on economic and finance affairs under its control, it has been often dubbed as a "superministry". List of officeholders Office name: *Ministry of Economy and Finance (1982–2000; 2004–2011) Notes ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Consorcio De Compensacion De Seguros
The Insurance Compensation Consortium ( es, Consorcio de Compensación de Seguros, CCS) is a compulsory Government catastrophic risk insurance in Spain. It is an insurance tax charged on prescribed classes of insurance issued by private insurers, providing cover against a series of extraordinary perils and " political risks” Note: This Government scheme covers direct physical damage only. It is expected that a company ensures their commercial insurance policy covers them against any resulting Business Interruption losses if necessary. Sources http://www.isn-inc.com/countryinfo/spain.aspx There are regulations concerning payment of the Consorcio tax within a certain time of the inception date of the policy. The timeline A timeline is a display of a list of events in chronological order. It is typically a graphic design showing a long bar labelled with dates paralleling it, and usually contemporaneous events. Timelines can use any suitable scale representi ...s are ver ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Comisión Nacional Del Mercado De Valores
The National Securities Market Commission () (often abbreviated as CNMV) is the Spanish government agency responsible for the financial regulation of the securities markets in Spain. It is an independent agency that falls under the Ministry of Economy. History The CNMV was established in 1988 as part of a major reform of Spanish financial sector with the passing of law 24/1988 also known as the "Stock Market" act. Laws 37/1998 and 44/2002 have updated the powers and responsibilities of the agency establishing a regulatory framework to meet the requirements of the European Union. It also allowed for the development of the Spanish stock market in the European environment, incorporating new measures for the investor protection. On 23 May 2008, the then second vice-president and finance minister, Pedro Solbes, announced in the Economic and Financial Committee of Congress that the government was planning a realignment of responsibilities for the regulation of the financial system a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bank Of Spain
The Bank of Spain ( es, link=no, Banco de España) is the central bank of Spain. Established in Madrid in 1782 by Charles III of Spain, Charles III, today the bank is a member of the European System of Central Banks and is also Spain's national competent authority for banking supervision within the Single Supervisory Mechanism. Its activity is regulated by the Bank of Spain Autonomy Act. History Originally named the ''Banco Nacional de San Carlos'', it was founded in 1782 by Charles III of Spain, Charles III in Madrid, to stabilize government finances through its state bonds (''vales reales'') following the American Revolutionary War in which Spain gave military and financial support to the Thirteen Colonies. Although it aided the state, the bank was initially owned privately by stockholders. Its assets included those of "Spanish capitalists, French rentiers, and several treasuries of Indian communities in New Spain" (colonial Mexico). Its first director was French banker Fran ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Financial Regulatory Authorities By Jurisdiction
The following is an incomplete list of financial regulatory and supervisory authorities by individual jurisdiction. Central banks are only listed where they act as direct supervisors of individual financial firms. Unless they are set up exclusively for financial services, competition authorities and takeover panels are not listed. Financial intelligence units and policy banks are not listed, unless they also have a financial supervisory mandate. List of current authorities A-B * Afghanistan: Da Afghanistan Bank * Albania: Financial Supervisory Authority (AMF) * Algeria: Commission d'Organisation et de Surveillance des Opérations de Bourse (COSOB) * Andorra: Andorran Financial Authority (AFA) * Angola: Capital Markets Commission (CMC) and Agência Angolana de Regulação e Supervisão de Seguros (ARSEG) * Anguilla: Eastern Caribbean Central Bank and Financial Services Commission (FSC) * Antigua & Barbuda: Eastern Caribbean Central Bank and Financial Services Regulator ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Insurance In Spain
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |