regulation

Presidentes Consejo General de Economistas de Espana CGE y la Ordem dos Contabilistas Certificados de Portugal OCC

In Europe 5th August 2026

Spain and Portugal establish joint accreditation scheme for corporate reporting

The General Council of Economists of Spain and the Ordem dos Contabilistas Certificados of Portugal have signed a strategic alliance that will lead to a new professional qualification in accounting and sustainability, with a 210-hour programme aimed at the Ibero-American region. Reported by Consejeros Editorial Team The General Council of Economists of Spain (CGE) and the Ordem dos Contabilistas Certificados de Portugal (OCC) have signed a collaboration agreement to develop…

In Europe 21st July 2026

EC to reduce mandatory sustainability reporting requirements for companies by more than 60 per cent

These changes are also expected to reduce reporting costs by more than 30 per cent per company, in line with the Commission’s objective of reducing the burdens associated with reporting requirements by 25 per cent. Consejeros Editorial Team On 3 July, the European Commission adopted the revised European Sustainability Reporting Standards (ESRS), including a voluntary reporting standard for small businesses, with the aim of improving transparency and reducing the administrative…

In Europe 21st July 2026

Asset managers will have to wait: over 600 amendments delay adoption of SFDR 2.0 in European Parliament

The more than 600 amendments tabled make it impossible to stick to the planned timetable and adopt the comprehensive reform of the Sustainable Finance Disclosure Regulation this month. The so-called SFDR 2.0 – which would do away with the classification currently used by asset managers (under ‘Article 8’ and ‘Article 9’) – will not reach the Committee on Economic and Monetary Affairs for the final vote, and its subsequent ratification…

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In Spain 30th June 2026

Gender Parity Act: EJE&CON warns of risk of rushed decisions and shortage of talent on boards

By Consejeros Editorial Team EJE&CON, the Spanish Association of Executives and Board Members, warns of the dangers posed by the deadline – this June – for implementing the Gender Parity Act on the IBEX 35, by which time at least 40 per cent of non-executive directors must be women. They point out that “the data show uneven progress. The IBEX 35 already stands at around 41–42 per cent female representation…

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In Europe 19th June 2026

Switzerland closes public consultation on Federal Act on Sustainable Corporate Governance on 9 July

Switzerland aims to align its legislation with that of the EU, specifically the Corporate Sustainability Reporting Directive (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD). It seeks to avoid the ‘Swiss finish’ (where Swiss regulations end up being stricter than those in the rest of Europe). By Consejeros Editorial Team The Swiss Federal Council is currently conducting a public consultation on the draft Federal Act on Sustainable Corporate Governance…

Caixabank, Telefónica, El Corte Inglés or Iberdrola, the Spanish firms best prepared to confront 2019

Spanish economy 27th May 2025

Spanish companies lose competitiveness due to labour and tax regulations, according to World Bank

Labour regulation, the high tax burden, and the scarcity of qualified workers are the main obstacles to the growth of Spanish companies compared to others in the major global economies. This is reflected in the report “The Business Environment and the Private Sector in Spain” presented yesterday by the World Bank, after conducting a series of surveys in recent months among Spanish companies of all sizes and sectors. Especially those…

In Spain 16th September 2024

Economy Ministry Aims to Restore Market Unity in Spain and Simplify Regulatory Maze

The Minister of Economy, Trade, and Business, Carlos Cuerpo, will convene the “Sectoral Conference on Regulatory Improvement and Business Climate” on Wednesday with the goal of establishing a common regulatory framework for businesses and reducing the regulatory maze created in recent years by Spain’s 17 autonomous communities. This maze has resulted in a vast amount of regulations in addition to those from the European Union and national laws, ultimately fragmenting…

In Europe 30th August 2014

GLAC, a term you’ll need to become familiar with after the summer

MADRID | By Raimundo Poveda | Those who are interested in banking policy are doomed to learn some new term day in, day out. GLAC (i.e. “gone-concern loss-absorbing capacity”) is the capacity to absorb the losses of an unfeasible bank. Let us recall that the banking regulation declares a bank “unfeasible” not when it collapses but when it fails to comply with the minimum capital requirements –even if its financial assets are positive.

Interviews 11th April 2012

Time to cut Frankenstein over-regulation on Spanish businesses

Fernando del Pino Calvo-Sotelo, in Madrid | Through the years, central, regional and local politicians have created, out of the blue, hundreds of thousands of laws, rules and regulations with which we all are obliged to comply. As far as I know, the Official State Gazette publishes 250.000 pages a year; the regional ones, 800.000 a year. You read it right: no typo there. One million pages a year. Maybe in…

Spanish economy 4th November 2011

Enel Green Power's Francesco Starace: "Spain is five years ahead in renewables"

Since its inception in 2008, Francesco Starace is Enel Green Power or EGP's CEO. On Thursday, the holding company, which has a Spanish branch with Endesa's renewable assets integrated, celebrated its first anniversary on the stock market. Francesco Starace's comments about the sector in Spain are, to say the least, jarring, so we have selected (and highlighted) a few of his answers to an interview published in the financial newspaper…

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