Spain – CM EAM

2024, Cross-border, Update

Country Manual Independent Portfolio Manager/Advisor (EAM)

Spain Update 2024

BRP SA - Spain Sevilla CM EAM
BRP SA – Spain Sevilla CM EAM

BRP has updated its Country Manual Independent Portfolio Manager/Advisor (EAM) for Spain out of company’s country of establishment (Def, RS & BT)

  Law/Regulation  Yes
  New Position of the Authorities  No
  Evolution of Expert’s interpretation  No

Regulatory Summary and Behaviour Template

Material changes

The Country Manual has been reviewed to ensure that the content of all the documents remains accurate and up to date. Although the Spanish investment legislation has undergone a major overhaul and the legal references have therefore been modified, we can confirm that there have been no major material changes or modifications in the Spanish regulation relevant to this Country Manual EAM since the last update. 

Non-material changes

Some concepts are now explained in more detail, some comments/conditions have been reworded and further non-material changes have been made throughout the documents. 

BT Short Comparison

BRP has created a comparison document allowing users to quickly identify the modifications made compared to the previous version of the EAM Manual (BT Short Comparison). The BT Short Comparison can be found on BRP’s platform (mybrponline) in the Search tab by entering in the Document Field “CM EAM BT SHORT COMP” and “SPAIN” in the Target Country Field.

The BT Short Comparison should be read as follows:

The first column contains a short description of the activity in question. The second column contains the answers of the previous version of the Country Manual (online until the day of the alert). The third column contains the new answers of the most recent version of the Country Manual. Only the modified answers are displayed (in color). If the answers in the new version are unchanged compared to the previous version, they are shaded in grey.

For more information, please contact us:

Best regards,

Geneva, July 4th, 2024