AMCESFI is the national authority tasked with identifying, preventing, and mitigating the development of systemic risk, and ensuring a sustainable contribution of the financial system to economic growth. Since its establishment in March 2019, AMCESFI has regularly brought together high-level representatives from the Ministry of Economy, Trade and Business, Banco de España, and the National Securities Market Commission, in order to carry out coordinated monitoring and analysis of factors that may pose a systemic risk to the stability of the Spanish financial system. AMCESFI is empowered to issue opinions, warnings, and recommendations regarding macroprudential analysis and policy.
