Santiago Fernández de Lis is currently Head of Regulation at BBVA. He was also Chairman of the Banking Stakeholders Group of the European Banking Authority (EBA). From2007 to 2011 he was partner and Director of the International Department of Afi, a consultancy and think tank. He joined the Banco de España in 1986, where he held several management positions, among them Head of the Monetary and Financial Division and Director of the International Department (2001-2007). Between 1998 and 2000 he worked in the Bank for International Settlements (BIS) in Basel, in the secretariat of the Committee of the Global Financial System (CGFS). He is an economist from Universidad Autónoma de Madrid and he was a lecturer in Universidad Carlos III (Madrid). He is the author of several papers and publications on financial stability, financial regulation, monetary policy, international economics and central banking.