Regulatory Alerts2025-03-12
Resolution of 5 March 2025 by the Board of the CNMV Modifying the Internal Regulations (Correction of Errors)
The Board of the Spanish National Securities Market Commission (CNMV) issued a resolution on 5 March 2025 to modify its Internal Regulations, primarily by creating a new Department directly under the Vice Presidency to centralize investor protection, financial education, and fraud prevention functions. This structural change aims to enhance the efficiency of the CNMV's collaboration with signatories of the Action Plan against Financial Fraud (PAFF) and strengthen the overall safeguarding of investors. The resolution also updates normative references to the new Securities Markets and Investment Services Law 6/2023 and corrects the use of inclusive language within the regulatory text.
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