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Banco de España highlights values charter of the European System of Central Banks and supervision

On 15 October 2026, Banco de España highlighted the “Carta de Valores Compartidos” of the European System of Central Banks and the Single Supervisory Mechanism in a blog post. The charter sets out four values and…

The Banco de España on 15 October 2026 highlighted the “Carta de Valores Compartidos” of the European System of Central Banks and the Single Supervisory Mechanism. The central bank stresses the charter’s importance for personnel policy and cross-border cooperation. The document was first presented in 2025 and is available as an official PDF; the signatory list shown there is dated 7 May 2026. The charter is a voluntary public commitment and is not legally binding.

The “Carta de Valores Compartidos” centres on four explicitly named values: Trust, Growth mindset, care for people and commitment. The text specifies related obligations, including transparency and accountability, promoting learning cultures and protecting employee wellbeing. At the same time, the Charter makes clear that it does not affect the institutional independence of national central banks and supervisory authorities.

The Banco de España links its presentation of the Charter with its employer communications. The blog post describes the shared values as part of professional identity and as conducive to working in European bodies and acting coherently towards the public. This account draws on the publication of 15 October 2026 and the content explained in the PDF, including the list of signatories dated 7 May 2026.

The European System of Central Banks comprises the European Central Bank and the national central banks of the Member States of the European Union. The Single Supervisory Mechanism brings together euro area banking supervision under the leadership of the European Central Bank, in cooperation with national supervisory authorities. Against this backdrop, the Charter aims to establish shared cultural guidelines for institutions that work together, with divided responsibilities, to safeguard financial stability and prepare monetary policy decisions.

Internal implementation processes are crucial to the practical impact of the values charter. Indicators might include the inclusion of the four values in job adverts, their incorporation into staff development programmes, accompanying training and regular reporting on progress. In Spain, the Banco de España’s emphasis on these values should be seen as a signalling step that strengthens the Europeanisation of staff recruitment and the visibility of institutional standards to the public. Any claims about future effects should be considered separately and will depend on consistent application across the institutions involved.

Editor: Phillipe Schmidt-Araguin (Article created with AI assistance).

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