Investment Fund Market Guide – Spain
Key features (Register market)
Settlement free of payment
Settlement against payment
Refer to CBL’s Eligible currencies and the fund currency specified in fund prospectus.
Restrictions on customer
Restrictions on settlement
Market type / link type (Settlement link)
Eligible fund types / legal forms in CBL
CSD linka: T2S-eligible funds
a. Please refer to the Market Link Guide - Spain for more details about funds on the CSD link.
Eligible fund types / legal form in CBL
The following types of investment funds exist in Spain:
- Investment Collective Schemes under Directive 2009/65/EC
- Hedge Funds / AIFMD funds / fondos de inversión libre ("FIL") under Law 35/2003 and RD 1082/2012
- Private Equity Funds / fondos de capital de riesgo ("FCR") under Law 22/2014