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Share pledge and dividends: the registrar cannot block your bylaws

The DGSJFP requires the Commercial Registry to register clauses that assign dividends to the pledgee creditor during execution. Key for REIT...

07 Aug 2026 · 7 min Read more

Business Regulations

Share pledge: bylaws CAN grant economic rights to the pledgee creditor during pledge execution

The commercial registrar cannot reject bylaws that assign dividends and economic rights to the pledgee creditor during the execution of a sh...

07 Aug 2026 · 7 min Read more

Business Regulations

Pledge of shares: the registrar must register rights to the pledgee creditor

The commercial registrar is obliged to register statutory clauses that attribute economic rights to the pledgee creditor in the execution of...

07 Aug 2026 · 7 min Read more

Business Regulations

Cajamar fined €2 million for remuneration: what banks must review

Bank of Spain fines Cajamar €2M and its executives up to €75,000 for failing to compute 15% of pension commitments as variable remuneration....

05 Aug 2026 · 7 min Read more

Business Regulations

UBS AG closes its branch in Spain: what its clients and counterparties must do in 2026

UBS AG Branch in Spain has been removed from the official banking register effective July 17, 2026. Clients and counterparties must verify t...

05 Aug 2026 · 7 min Read more

Business Regulations

CNMV Fine of €190,000 to Soltec: What Listed Companies Must Know

The CNMV fines Soltec Power Holdings €190,000 for publishing 2023 results with incorrect data. What listed companies must do to avoid simila...

03 Aug 2026 · 6 min Read more

Business Regulations

CNMV fines Gesconsult €115,000 for falsifying venture capital fund accounts

The CNMV sanctions Gesconsult with €115,000 and its executive with €85,000 for false accounts, failure to meet resource requirements, and ir...

03 Aug 2026 · 6 min Read more

Business Regulations

Minimum share capital for professional handball 2026: €310,793.27 for SAD

Professional handball clubs operating as SAD must accredit a minimum share capital of €310,793.27 in 2026. Discover how it is calculated and...

03 Aug 2026 · 7 min Read more

Business Regulations

CNMV Fines to Demium Capital Executives: Up to €25,000 for Conflicts of Interest in Venture Capital

The CNMV sanctions 4 executives of Demium Capital with fines between €15,000 and €25,000 for modifying their governance structure without re...

31 Jul 2026 · 7 min Read more

Business Regulations

CNMV Sanction on Ginvest Asset Management: Public Reprimand for Failing to Meet Supervision Commitments

The CNMV imposes a public reprimand on Ginvest Asset Management for failing to meet supervision commitments regarding agent control and remu...

31 Jul 2026 · 7 min Read more

Business Regulations

New cruise ship licenses at ports in Tenerife, La Gomera, La Palma and El Hierro: what changes in 2026

The Port Authority of Santa Cruz de Tenerife approves the new Regulations governing cruise licenses and services at four Canary Islands port...

31 Jul 2026 · 7 min Read more

Business Regulations

New PAE in Murcia integrated in CIRCE 2026: free procedures for entrepreneurs

Murcia expands its network of Entrepreneur Attention Points integrated into CIRCE as of 07/30/2026. Company incorporation via DUE, free and ...

30 Jul 2026 · 6 min Read more

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