Access to International Law Enforcement
Spain is committed to ensure Spanish law enforcement authorities share the beneficial ownership information available in the Spanish central database with counterparts in third countries. We call other countries to follow an equivalent commitment in terms of sharing beneficial ownership information.
Country: Spain
Status: complete
Themes: Beneficial ownership
Last updated: December 2020
Classification:
Concrete: Concrete | New: New | Ambitious: Ambitious
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5 Evidence:
Preliminary draft of the Law on the prevention of money laundering and financing of the terrorism
Spain starts the legislative procedure to implement the fifth money laundering directive
Agreement with the European Central Bank
Sepblac (Spain's Financial Intelligence Unit)
Commitment 3 as outlined by the Spanish Government- Office of Asset Localisation (OLA)
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3 Notes:
On 15 June 2020, the Ministry of Economic Affairs and Digital Transformation published the draft law that will amend Law 10/2010, of 28 April, on the prevention of money laundering and terrorism financing for the purpose of implementing Directive (EU) 2018/843 of the European Parliament and of the Council of 30 May 2018 (V AMLD).
This summer, the government published the draft of the new law (anteproyecto de ley), it was open for consultation both by experts and the public in general, now the government is in process of adopting the law.
Updated: October 31, 2020
Among the latest updates that prove that Spain continues to effectively share information with international agencies is the agreement of the 10th of January between Sepblac (Spain's Financial Intelligence Unit) and the European Central Bank. This was also a provision of the 4th Anti Money Laundering Directive of the European Union and it strengthens inter-institutional collaboration.
Updated: April 30, 2020
No change since 2017.