Financial Regulatory
Is it legal to sell data in Spain?
The transfer or sale of personal data is regulated in Recital 34 and Article 10 of DIRECTIVE (EU) 2019/770 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 20 May…
Participatory Financing and Digital Services: Regulation and ISPs
Spanish and EU regulations on digital services and crowdfunding services complement each other harmoniously.
Investor Groups as a regulatory speciality of crowdfunding platforms
Investor groups have traditionally been a derivative of joint account contracts. Participation account contracts have existed for all types of investments.
Non-Harmonised Participatory Finance Platforms (PFPs)
Non-harmonised crowdfunding platforms are those that do not comply with the requirements set by Regulation (EU) 2020/1503 on European providers of crowdfunding services for companies.
Individualised portfolio management of loans, harmonised and non-harmonised PFPs
Individualised portfolio management of loans is a new service offered by crowdfunding platforms.
The imminent entry into force of the Digital Services Act (2024) and what it involves
The EU Digital Services Regulation 2022/2065, also known as the Digital Services Act, is a new European Union regulation that came into force at the beginning of 2024. The aim…
Payment Institutions, Intermediaries and Acquirers in Payment Services
Payment institutions and intermediary institutions are two types of financial institutions which are regulated by the Spanish Payment Services Act and the PSD2 regulation.
The Payment Services Contract: PSD2 Requirements and PSD3 Perspectives
The payment service contract is the document that regulates the conditions for the provision of the payment service between the payment service provider and the user.
Legal obligations arising from having a payment gateway
The legal obligations in Spain arising from having a payment gateway are set out in Law 16/2022 of 28 April on Payment Services (LSP).
Offshore companies in Spain: Are they legal, what are the risks and benefits?
Offshore companies are legal in Spain. However, they are subject to a number of restrictions and obligations.
