Bank of Spain puts 'revolving door' under review
The Bank of Spain is reviewing its 'revolving door' policy after a former director general was nominated for a private sector role within weeks of leaving the central bank.
At present, the governor and deputy governor are prohibited from pursuing "any professional activity linked to credit institutions or to securities markets" for two years following their departure from the central bank.
The Bank of Spain's directors general – the department heads – face a shorter period of quarantine. They
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