Corporate Governance

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  • Spain: The steps for preparation of the Preliminary Bill for the Sustainability Reporting Law are officially in motion

    Ministry of Economic Affairs and Digital Transformation will be responsible for carrying out the transposition of the corporate sustainability reporting directive (CSRD).
  • Publication of the EU directive on improving gender balance on company boards

    The new EU rules, which will have to be transposed into national law, promote more balanced representation on the boards of listed companies in all Member States.
  • The European Council approves EU law to improve gender balance on company boards

    The directive lays down that at least 40% of directors of listed companies should be members of the underrepresented sex.
  • How climate change came to sit in the boardroom

    Boards must take extreme care when informing about the effect of climate change on corporations’ transactions.
  • The first stage has begun for law transposing EU directive on the encouragement of long-term shareholder engagement

    The Ministry of Economy and Business has announced commencement of the comment period for the Preliminary Bill amending the revised Capital Companies Law, approved by Legislative Royal Decree 1/2010, of July 2, 2010 and other financial legislation, to adapt them to Directive (EU) 2017/828 of the European Parliament and of the Council of 17 May 2017 amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement. 
  • The CNMV publishes its conclusions on the Corporate Governance and Directors Remuneration Reports for 2017

    On 17 October 2018, the CNMV published its reports on the Annual Corporate Governance and Directors Remuneration Reports of the listed companies corresponding to the fiscal year 2017.