Regulatory Alerts2014-09-17
Law 15/2014 of 16 September on Rationalization of the Public Sector and Other Measures of Administrative Reform
King Felipe VI enacted Law 15/2014 to rationalize the Spanish Public Sector and implement administrative reforms driven by the CORA Commission to ensure fiscal sustainability and operational efficiency. The legislation mandates the restructuring, integration, or extinction of numerous public bodies, including the conversion of ANECA into a public organism, the merger of ICEX activities, and the consolidation of equality and evaluation functions within existing ministries. Additionally, the law introduces new legal frameworks for consortium management, centralizes banking account controls, and simplifies administrative procedures to reduce public expenditure and eliminate duplicities.
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