Regulatory Alerts2021-11-15
Agreement of 27 October 2021 of the Council of the National Securities Market Commission on Delegation of Competences
The Council of the Spanish National Securities Market Commission (CNMV) issued this agreement on 27 October 2021 to delegate specific regulatory competences to the President, Vice President, Executive Committee, and General Directors. The delegation covers critical areas including the admission of securities to regulated markets, public offers, short selling restrictions, and oversight of central counterparties and trading venues. These powers are distributed among senior officials to streamline administrative processes while maintaining strict regulatory oversight in compliance with Spanish and EU laws.
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