The State shall provide legal assistance to the FROB through State attorneys for €190,000 annually
13 Aug 2026Effective: 02 Jul 202648 views
Who is affected:
FROB and General State Attorney's Office; indirectly, banking entities in resolution
Summary
The General State Attorney's Office signed an agreement to provide legal advice and judicial representation to the FROB. The cost is €190,000 annually plus VAT for two years, renewable.
Detailed analysis
PRO
The General State Attorney's Office shall assume the legal defense of the Fondo de Reestructuración Ordenada Bancaria (FROB) in both advisory capacity and representation before any jurisdiction. The agreement shall be valid for two years from its registration in the state electronic registry, renewable for another two …
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