Corporate & Business BOE Importance: 4/10

CNMV fines Gesconsult and its executive for falsifying accounts and breaching venture capital fund management rules

03 Aug 2026 Effective: 03 Aug 2026 58 views
Who is affected:
Venture capital fund managers, closed-end collective investment companies and their executives

Summary

The CNMV sanctions the management company Gesconsult and its executive Juan Lladó with fines totaling up to 200,000 euros for submitting false accounts and failing to comply with the management conditions of a venture capital fund.

Detailed analysis PRO

The CNMV has imposed final sanctions on Gesconsult, SA, SGIIC and its executive Juan Lladó García-Lomas for three violations committed in the management of the Impulse Technology Transfer CLM, FCR fund. The most serious violation consists of having submitted to the CNMV the 2023 annual accounts of the fund with incompl…

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Full official title

Resolución de 17 de julio de 2026, de la Comisión Nacional del Mercado de Valores, por la que se publican las sanciones por infracciones muy grave y graves a Gesconsult, SA, SGIIC y a don Juan Lladó García-Lomas.

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