The National Securities Market Commission (CNMV) is hitting the gas to approve the registration of investment-ready funds through the new Financia Europa savings account, the star product of the Government to mobilize money from deposits towards the European Stock Exchange. The Executive, which has already approved this new figure through a royal decree-law, is waiting for its validation by the Permanent Deputation of Congress and its regulatory development through two ministerial orders. Continue reading
The supervisor assures that he will not rush the four-month deadline set for determining which type of products are eligible.
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The National Securities Market Commission (CNMV) is hitting the gas to approve the registration of investment-ready funds through the new Financia Europa savings account, the star product of the Government to mobilize money from deposits towards the European Stock Exchange. The Executive, which has already approved this new figure through a royal decree-law, is waiting for its validation by the Permanent Deputation of Congress and its regulatory development through two ministerial orders. Continue reading
