Other Regulations BOE Importance: 3/10

CNMV fines Abel Arbat Bugie €40,000 for using privileged information to buy Naturgy CFDs

14 Nov 2026 Effective: 14 Nov 2026 1 views
Who is affected:
Investors and operators in securities markets who may engage in market abuse

Summary

The CNMV sanctions a person with €40,000 for buying Naturgy CFDs the day before a takeover bid was publicly announced, using privileged information.

Detailed analysis PRO

The Comisión Nacional del Mercado de Valores publishes the final administrative sanction imposed on Abel Arbat Bugie for serious breach of market abuse. The sanctioned party acquired 3,500 CFDs on Naturgy shares on 25 January 2021, one day before IFM Investors publicly announced its voluntary takeover bid for part of N…

PRO exclusive content

Implicaciones prácticas, plazos y recomendaciones específicas para tu sector.

Desbloquear análisis PRO Ver planes y precios

Full official title

Resolución de 3 de noviembre de 2026, de la Comisión Nacional del Mercado de Valores, por la que se publica la sanción por infracción muy grave a don Abel Arbat Bugie.

View original source (BOE)
Your company in Other Regulations too? Sponsor it →

Affected sectors

Technology

Categories

Tax & Revenue Labour & Employment Corporate & Business Data Protection Social Security European Regulations Grants & Subsidies Other Regulations Public Sector Education Energy Agriculture & Fisheries Real Estate

PRO Plan

Alerts, detailed analysis and daily email digest.

From 9.99 EUR/month

Related regulations

Almost there