Regulatory Alerts1998-01-27
Circular 3/1998 of January 27 by the Bank of Spain. Homologated Valuation Companies and Services. Information to be Submitted to the Bank of Spain
The Bank of Spain issued Circular 3/1998 to mandate homologated valuation companies and credit institution valuation services to submit specific regulatory and statistical information. The circular details requirements for reporting corporate changes, accounting data, shareholder holdings, and insurance policies, while establishing electronic submission protocols and data formatting standards. It further authorizes the dissemination of aggregated valuation data to insurance regulators and the securities market commission.
Share