ES
Comisión Nacional del Mercado de Valores (CNMV)
Spanish government agency responsible for securities market supervision.
REGULATOR PROFILE
- Regulator: Comisión Nacional del Mercado de Valores (CNMV)
- Jurisdiction: ES
- Statutory Role: Spanish government agency responsible for securities market supervision.
- Indexed Cases: 3 enforcement actions in this jurisdiction.
PRIMARY ENFORCEMENT ACTIONS IN ES
3 ACTIONS| Case Title | Status | Primary Scheme | Overstatement | Total Penalties | Action Date |
|---|---|---|---|---|---|
| Let's GOWEX: 90% Fabricated Municipal Wi-Fi Contracts and Revenues | ADJUDICATED | fictitious revenue | $180.0M | $0 | September 20, 2016 |
| Banco Popular: Concealment of Real Estate Loan-Loss Provisions | ADJUDICATED | loan loss provisioning | $3.7B | $0 | September 20, 2020 |
| Pescanova: €3B Hidden Debt via 40 Unconsolidated Shell Companies | ADJUDICATED | off balance sheet entities | $3.4B | $0 | September 20, 2015 |