Information of Prudential Relevance 2015
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Correspondence between the sections of Pillar III and the Group's Annual Consolidated Accounts as of 31-Dec-2015
Correspondence between the sections of Pillar III and the Group’s Annual Consolidated Financial Statements as of 31 December 2015
Executive Summary
Executive Summary
Introduction
Introduction
1. General information requirements
1.1. Company name and differences in the consolidable group for the purposes of the solvency regulations and accounting criteria
1.2. Identification of dependent institutions with capital resources below the minimum requirement. Possible impediments for transferring capital
1.3. Exemptions from capital requirements at the individual or sub-consolidated level
2. Capital resources
2.1. Characteristics of the eligible capital resources
2.2. Amount of capital
2.3. Bank risk profile
2.4. A breakdown of minimum capital requirements by risk type
2.5. Procedure employed in the internal capital adequacy assessment process
3. Risks
3.1. General risk control and management model
3.2. Credit and counterparty risk
3.3. Market risk
3.4. Structural risk in the equity portfolio
3.5. Structural exchange-rate risk
3.6. Interest-rate risk
3.7. Liquidity risk
3.8. Operational risk
4. Leverage ratio
4.1. Leverage ratio definition and composition
4.2. Trends in the ratio
4.3. Governance
5. Information on remuneration
5. Information on remuneration
5.1. Information on the decision-making process for establishing the remuneration policy for the Identified Staff
5.2. Description of the different types of employees and executive officers included in the Identified Staff
5.3. Key features of the remuneration system
5.4. Information on the connection between the remuneration of the Identified Staff and the performance of the Group
5.5. Description of the criteria used for taking into consideration present and future risks in the remuneration process
5.6. The main parameters and reasons for any component of the possible variable remuneration plans and other non-monetary benefits, specifically, the measures adopted for the members of the Identified Staff who are responsible for control functions
5.7. Ratios between the fixed and variable remuneration of the Identified Staff
5.8. Quantitative information on the remuneration of the Identified Staff
6. Subsequent events
6. Subsequent events
Annex
Summary of the tables in annexes I, II, III and IV
Annex I: Insurance companies and financial institutions with a stake of more than 10% that are not consolidated at solvency level
Annex II: Rest of companies that are consolidated at accounting level but not at solvency level
Annex III: Rest of companies that are not consolidated at accounting or solvency level
Annex IV: Rest of companies that are not consolidated at accounting level but are consolidated at solvency level
Annex V: Template with information on temporary capital
Annex VI: Template with information on the characteristics of the main capital instruments
Annex VII: Template with information on the characteristics of the leverage ratio
Information of Prudential Relevance 2015
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Information of Prudential Relevance 2015
Basel Accord PILLAR III
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