2014-07-16
The Spanish Ministry of Economy and Competitiveness issued Royal Decree 579/2014 to regulate the issuance, secondary market operations, and supervision of internationalization debentures and bonds under Law 14/2013. The decree mandates specific disclosure requirements, the maintenance of special accounting registers by issuers, and defines the supervisory roles of the Bank of Spain and the CNMV to ensure financial stability. These measures aim to provide a refinancing mechanism for export-related loans, thereby improving access to credit for Spanish companies engaging in internationalization.