Regulation and Taxation of Financial Business in Madrid (General Report) - 2010 » 415.5 KiB
As the fourth financial centre in the world Madrid enjoys a number of features which determine its capacity to attract financial business. Among these features is the fact that Madrid has the appropriate substantive and tax regulations to facilitate and promote the development of financial business while providing the necessary certainty in transactions for the various participants in the financial markets.

Detailed note 9: Spanish Hedge Funds. Tendency towards qualified investors » 2.0 MiB
The Spanish Hedge Funds market is a recent market which is subject to advanced regulation and has an attractive tax regime

Detailed note 8: Spanish Collective Investment Industry. A Mature Sector with an Attractive Tax Regime » 2.0 MiB
The Spanish Collective Investment Industry is a mature sector which has a modern regulatory framework and an attractive tax regime. New channels of distribution such as "Fund Supermarkets" offer interesting business opportunities and challenges in Spain which will be enhanced by UCITS IV implementation

Detailed note 6: Madrid Stock Exchange. Requirements to become a member » 1.9 MiB
Madrid is the fourth Stock Exchange in Europe as far as traded volume is concerned. It is a modern Regulated Market which has succeeded in adapting to financial innovationby launching innovative segments focused on meeting specific needs for finance and liquidity over recent years.

Detailed note 5: Payment Institutions. A new payment provider » 1.9 MiB
In order to enhance competition among the domestic markets throughout the EU territory, the range of payment services providers is increased by the regulation of a new type of entity, the Payment Institution.

Detailed note 7: MAB. Liquidity and made-to-measure finance » 1.9 MiB
The Alternative Stock Market (MAB) is a market for small and medium-sized companies looking to expand and SICAVs and other Collective Investment Institutions looking for liquidity, under a tailor-made regulatory system

Detailed note 4: Financial credit establishments. Flexibility in granting credit and complementary business » 1.9 MiB
Financial Credit Establishments allow carrying out regular business of Banks and Savings Banks, with a very wide flexible scope in respect of financial asset operations, but without being able to take deposits from the public.

Detailed note 3: Private Banking. A growing sector » 1.9 MiB
The Private Banking Sector in Spain is a growing sector. The number of potential clients for Private Banking services has boosted as the result of the increase in the standard of living and wealth of the Spaniards, as well as the growth in their financial knowledge