The long-awaited creation Independent Governing Authority for the Defense of Financial Clients got the starting gun at the end of last Tuesday confirmation from him draft Law enacted by the Council of Ministers. Now a process begins months fulfill all legal procedures necessary for the implementation of the new structure, which was called to radically change the Spanish order solution from claims against banks, investment firms and insurersamong other assets. The government, in any case, is confident it can do it. starting in 2023According to sources from Executive to EL PERIÓDICO, a newspaper belonging to the same group as this media.
“Depends on how long it takes. Parliamentwill have to be deliberate in order to perfect the law as its work is. But we think you can less than a year and it is possible for the authority to become operational before the end of 2023,” point out sources from the Ministry of Economy. general elections It should be collected no later than the middle. next year december and the project can rot If the Chambers are dissolved before its approval, this take over in the next legislature. Actually, in sector finance and organizations auditorsWhere the authority does not arouse sympathy because they prefer the CNMV to take charge of all claims, some esperanza that elections takes place before the law receives parliamentary support.
Despite this opposition, the Government strongly supported the establishment of authority. “Our area of interest is private. We have an urgent issue that we want to resolve quickly and quickly as part of our strategy for dealing with the issue. financial exclusion. we’re a shock plan And if it’s going to take a few years, it can’t be a shock. There is priority in government while pushing”, verify the sources. The same strategy, so that, customer service lawCommitments that the executive plans to approve in the coming weeks (pending to be sent to the Council of State for consideration) and also to improve services for the elderly bank recently adopted at the request of Nadia Calviño, vice president of economics.
Monthly contribution
The major innovation that the new client defense agency contains is that its decisions will be binding for assets up to 20.000 EuroIn addition to being able to make judgments on issues that the existing supervisory receivable services cannot provide, such as provisions declared in bad faith or cryptoactives. The body stemming from the 2013 European directive, promised reforms EU for this year in exchange for Community funds, but it is not necessary to be created, it is enough for the European Commission to receive Significant development in this direction.
The preliminary draft will now be submitted to the public for five weeks to receive input from interested parties such as: employers financial companies or associations consumers. Then it will go to the General Technical Secretary of the Ministry of Economy and he will request reports from other institutions. General Judicial Council, data protection agencyMinistries Justice, Consumption and Finance and in the final stage, State Council. The Council of Ministers plans to approve the bill in the second half of the year so that Parliament can then process it and present the changes it is considering. “producible quite a lot of changes‘, sources point out.
Building and headquarters
The institution will be financed contributions from organizations (250 Euros per request), but initially there will be a game General budgets of the state for commissioning. The government has yet to start negotiating next year’s accounts, so it has not decided whether to include some to create the new structure. But even if there is no record of support for the approval of a new budget for an election year, extension of accounts may include an item for authority, provided the general spending limit is respected.
The executive branch already has estimates of how much budgetary contribution the organization will need initially, as well as how much budgetary contribution it will need. personal should count, but it wants to wait for input from various stakeholders to fine-tune its figures.
The preliminary project envisages that the organism will be able to contract personnel. external for auxiliary work, but for processing and opinions must always be approved by officers. Likewise, it leaves the door open for staff to accept. current demand services The Bank of Spain and the CNMV, although it is not clear whether their employees in these organizations will want to change.
This headquarters no decision is made. In fact, you will have to deliver new competition system Approved by the Government at the end of March to determine where the new Government agencies will be located. different regional governments, present their candidacy. “We can’t see no factor this allows authority to be decisive. being in Madrid‘, sources point out.