Spanish regulator


Spain Will Use Spies To Watch Over Banks’ Abuses

MADRID | By The Corner Team | Scandals such as Bankia’s selling preference shares to thousands of Spaniards who had no clue of what they were buying will not happen again, hopefully, if this new plan works: the country’s regulator will send spies to watch how the banks sell financial products, and to what extent their staff knows what they are. The Netherlands, Belgium and France have already implemented this ‘007 method’.