Santiago Fernandez de Lis is currently head of regulation at BBVA. He is the former director of the International Department of the Banco de España (the Spanish central bank). He was a member of the high-level advisory group on Finance and Technology of the IMF and chairman of the Banking Stakeholders Group of the European Banking Authority. 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 in Basel, in the secretariat of the Committee of the Global Financial System. He is an economist from Universidad Autonoma de Madrid and he was a lecturer in Universidad Carlos III, Madrid. He is the author of several papers and publications on financial regulation, monetary policy, international economics and central banking. He is a Fellow of Salzburg Global Seminar.