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PP proposes BOS reform

Wed 5th Oct 2011

The Parliamentary Spokesperson for Spain's Partido Popular, Soraya Saenz de Santamaria, has commented how her party would make undertake further reforms of the Bank of Spain if they are succesful in the coming elections. due to be held on the 20th of November.

The measure would be intended to increase transparency in the country's banking system, thereby improving investor confidence.

She made teh comments addressing an industry conefrence in Madrid :"The Bank of Spain has to take responsibility for what happened... We need a reform of supervisory and regulatory bodies."

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