Publications - Banking and Finance
Corporate Updates 6-2013
CRITERIA FOR APPLICATION OF CIRCULAR 4/2004 ON LOAN REFINANCING AND RESTRUCTURING
EU Parliament approved on April 16 new capital requirements for banks and limits to variable remuneration
The EU Parliament approved on April 16, 2013 an important legislative package that imposes more demanding capital requirements for banks with the intention of facilitating the credit flow to the real economy and of reinforcing the sector in dealing…
Corporate updates 5-2013
ROYAL DECREE 256/2013, OF APRIL 12, 2013, INCORPORATING THE CRITERIA OF THE EUROPEAN BANKING AUTHORITY OF NOVEMBER 22, 2012 ON THE ASSESSMENT OF THE SUITABILITY OF MEMBERS OF THE MANAGEMENT BODY AND KEY FUNCTION HOLDERS INTO THE LEGISLATION ON…
Protection for holders of savings and investment products
Last Saturday, the Official State Gazette published Royal Decree-Law 6/2013, of March 22, 2013, on protection for holders of certain savings and investment products and other financial measures.
Corporate Updates 4-2013
UPDATES CORPORATE 4/2013 ROYAL DECREE-LAW 6/2013, OF MARCH 22, 2013, ON PROTECTION FOR HOLDERS OF CERTAIN SAVINGS AND INVESTMENT PRODUCTS AND OTHER FINANCIAL MEASURES
Circular 2/2013 of the MAB (the Spanish alternative investment market) on the regime applicable to SOCIMIs (listed corporations for investment in the real estate market)
As we reported in our Corporate-Tax Updates 1/2012 publication summarizing the key elements of Law 16/2012, of December 27, 2012 (Tax Measures Law) on the special regime for SOCIMIs aimed at boosting this sector, one of the most important new pieces…
MEASURES TO SUPPORT ENTREPRENEURS, STIMULATE GROWTH AND CREATE EMPLOYMENT
Royal Decree-Law 3/2013 on measures to support entrepreneurs and create employment, and other measures contained in Royal Decree-Law 4/2013
Financial sector bonuses to be capped
Last week the Economic Affairs Committee of the European Parliament, the European Council and the European Commission reached an initial political agreement to place stricter rules on financial sector remuneration.
The Council of Ministers approved Royal Decree-Law 4/2013 on measures to support entrepreneurs, stimulate growth and create employment
As announced during the Debate on the State of the Nation, on Friday the Council of Ministers approved Royal Decree-Law 4/2013, of February 22, 2013, on measures to support entrepreneurs, stimulate growth and create employment, which was published…
Updates Transport & Shipping 1-2013
NEW LEGISLATION ON THE SPANISH “TAX LEASE”
The European Commission approves restructuring plans of Liberbank, Caja3, Banco Mare Nostrum and Banco CEISS
Within the wider context of the efforts for restructuring the Spanish financial sector and as foreseen in by the Memorandum of Understanding agreed between Spain and the Eurogroup in July 2012, the European Commission has announced their approval,…
EC approves Spanish banks restructuring plans
In the context of the restructuration of the Spanish financial system and as foreseen by the Memorandum of Understanding (MoU) agreed between Spain and the Eurogroup in July 2012, the European Commission announced yesterday the approval –for the…