The Spanish Ministry of Industry, Energy and Tourism will finance up to 80% of 13 projects linked to the development of smart cities, from which 27 Spanish cities are expected to benefit....more
The long awaited Spanish Regulation on Responsible Advertising and Online Gambling is currently undergoing a legislative process. All the political groups present in the Spanish Senate have recently brought a joint motion in...more
The new Spanish Corporate Governance Code for listed companies, approved by resolution of the board of the National Securities Market Commission (CNMV) on 18 February 2015, dispenses with the recommendations that currently...more
Google link tax might be reproduced in Italy after the negative experience that led to the shutting down of Google News in Spain as a consequence of the approval of a similar law....more
Monday 16 February 2015 brought a small earthquake in the Spanish media rights market. FC Barcelona (“Barça”) decided after eight seasons of close cooperation with Spanish leading media corporation MediaPro to assign its...more
One year ago a modest, soft romantic comedy with a great dose of humour and references to countryside life and open mock of controversial political issues (“Ocho Apellidos Vascos“) saw its theatrical release in Spain. It...more
The Spanish Gambling Authority (Dirección General de Ordenación del Juego-DGOJ) has just published (16 January 2015) a guideline with the procedures for the renewal of the singular gambling licenses that where granted in 2012...more
The Court of Arbitration for Sport (CAS) has dismissed the appeal filed by FC Barcelona in relation to the FIFA sanction imposed on the Spanish club, reported here in April 2014.
The ban was imposed on FC Barcelona...more
The Article 29 Working Party published new Guidelines on the Right to be Forgotten on 26 November 2014. This is the latest chapter in the story which began with the Google Spain case. In that case, the Court of Justice of...more
Spain’s Competition Supervision Authority (CNMC), currently in charge of both competition and regulatory matters has ordered the main Mobile Network Operators (MNO) in Spain, namely Telefónica (Movistar), Vodafone and Orange,...more
Changes harmonize Spanish regulations with existing EU regulations and increase the scope of acceptable investment activities for closed-ended investment entities.
On 12 November 2014 the...more
In the past two months a range of relevant legislation developments in the field of labour have occurred, including the approval of the Spanish Strategy of Employment Activation for 2014-2016. Furthermore, there have been...more
The new legislation will be applicable for fiscal years starting as from 1 January 2015, although some new measures will only be effective as from 2016.
The main objectives of this tax reform are:
on one hand,...more
Law 22/2014 implements the AIFMD and entails a substantial change in the structure, organisation, risk management and remuneration of alternative investment funds managers (hedge funds, private equity, etc.) and a new regime...more
..Cuffed links. The Spanish parliament has passed what is commonly known as the “Google tax,” although it’s technically not a tax and doesn’t apply solely to Google. Rather, it’s an intellectual property law requiring online...more
Royal Decree Law 4/2014, intended to promote efficiency in Spanish insolvency proceedings, is officially enacted with some important updates.
The Spanish legislature has finally enacted Royal Decree Law 4/2014 (the...more
Corruption is a problem. Keeping corruption out of public scrutiny is an even bigger problem, because responsible people remain untouched and ready to repeat the same wrong behaviours. In that sense, the financial crisis that...more
A second round of material reforms should encourage the viability of distressed companies in Spain.
Royal Decree Law 11/2014 (the New Reform) is another clear effort to decrease the number of insolvent companies which...more
No one can deny that, over the last decade, Spain has taken the fight against Sports’ doping networks very seriously. In 2006 and 2013, two demanding laws for the health protection of federated sportsmen and the prosecution...more
For several weeks, Spanish public authorities (city halls in particular) have offered to their residents and visitors non-theatrical exhibitions of movies for a reduced price or even for free. Summer Cinemas, Cinema Clubs,...more
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