Tagged: bank of spain

May 24, 2021 @ 7:55 am By Omar Faridi  |  

Financial Services Capital (FSC), the private equity investor focused on the ongoing transformation of the European financial services industry, has finalized its acquisition of a stake in JZ Lending Ltd, which currently controls Spain’s consumer finance platform Unión Financiera Asturiana. The Bank of Spain has… Read More

March 29, 2020 @ 4:55 pm By Omar Faridi  |  

Global banking regulators released a statement on March 27, 2020 in which they noted that elements of the Basel III banking rules reform that have not yet been finalized will be delayed for at least a year, because of the coronavirus (COVID-19) outbreak. The release… Read More

July 9, 2019 @ 3:20 am By JD Alois  |  

Digital  bank Neo has received regulatory approval from the Bank of Spain to launch a corporate multi-currency account. According to a release from the company, Neo will now create a PSD2 payment institution which will be supervised by the Bank of Spain. The Barcelona-based company, with… Read More

September 29, 2016 @ 7:46 am By Erin Hobey  |  

This month the Spanish financial regulator Securities Exchange Commission (CNMV)  authorized MytripleA as a Platform for Participatory Financing, the formal name for a crowdlending platform. This is one of the first actions to implement Law 5/2015 Promotion of Corporate Financing. “Alternative financing is growing rapidly in… Read More