BOLETÍN OFICIAL DEL ESTADO

Núm. 75 Miércoles 29 de marzo de 2017 Sec. I. Pág. 23369

I. DISPOSICIONES GENERALES

BANCO DE ESPAÑA

3368 Resolution of 28 March 2017 of the Bank of Spain, correcting errors in Circular 7/2016, of 29 November, by which the accounting specifics to be applied by banking foundations are developed, and by which Circular 4/2004, of 22 December, to credit institutions, on public and reserved financial information standards and financial statement models, and Circular 1/2013, of 24 May, on the Risk Information Central, are amended.

Having noted an error in Circular 7/2016, of 29 November, of the Bank of Spain, by which the accounting specifics to be applied by banking foundations are developed, and by which Circular 4/2004, of 22 December, to credit institutions, on public and reserved financial information standards and financial statement models, and Circular 1/2013, of 24 May, on the Risk Information Central, published in the "Boletín Oficial del Estado" number 292, of 3 December 2016, the following correction is to be made:

On page 84866, in note (a) of statement FB.3 "Breakdown of investment in financial assets by counterparty", where it says "(a) Investment in financial assets, other than those presenting high liquidity and credit quality, held directly on the balance sheet by the banking foundation with each of the counterparties other than the credit entity participated in by the foundation, shall be reported, when the aggregated book value of the investments with each of said counterparties is greater than or equal to 5% of the net equity of the foundation", it must say "(a) Investment in financial assets, other than those presenting high liquidity and credit quality, held directly on the balance sheet by the banking foundation or indirectly through an intermediate company with each of the counterparties other than the credit entity participated in by the foundation, shall be reported, when the aggregated book value of the investments with each of said counterparties is greater than or equal to 5% of the net equity of the foundation".

Madrid, 28 March 2017.–The General Secretary of the Bank of Spain, Francisco Javier Priego Pérez.

cve: BOE-A-2017-3368

Verifiable at http://www.boe.es http://www.boe.es BOLETÍN OFICIAL DEL ESTADO D. L.: M-1/1958 - ISSN: 0212-033X