meta_id 3492159

On September 14, 2026, Spain's National Securities Market Commission (CNMV) published the results of its review of anti-money laundering and countering the financing of terrorism (AML/CFT) reporting submitted by broker-dealers and brokers, investment management companies, and crypto-asset service providers (CASPs) for the 2025 confidential statement. The review, conducted as part of the CNMV's 2026 Activity Plan, assessed compliance with reporting obligations, the quality and consistency of submitted information, and entities' adherence to AML/CFT regulations. The CNMV determined that overall reporting quality and information contents were adequate. However, the review identified areas requiring improvement, including instances of incorrect or contradictory data and details suggesting potential AML/CFT compliance issues. The CNMV will follow up with affected entities and has issued reminders to all supervised entities regarding key compliance expectations. Regulated entities must maintain risk analyses encompassing inherent risk, control measures and residual risk assessments; establish written policies and procedures with adequate human and technical resources, internal control bodies and representatives to the Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offences (Sepblac); and undergo annual external expert examinations. The CNMV emphasised that entities must establish suitable transaction alerts based on transaction type, parties involved and amounts, with documented special reviews and suspicious transaction reporting. The review found many entities reported no alerts and few conducted special reviews or suspicious transaction reporting. Additionally, entities must develop annual training plans ensuring staff receive regular training on legal obligations and suspicious transaction detection. The CNMV will adjust its reporting manual based on review findings over the coming weeks. The analysis reinforces the CNMV's commitment to improving supervisory mechanisms and developing initiatives for more effective management of money laundering, terrorism financing and weapons proliferation financing risks.