A EUROMONEY SURVEY – MARCH 1996
BACKGROUND
The structure of Spanish legislation is comparable to that of leading worldwide economies. This is partly due to the demands of the European Union of which Spain is a member, but also due to the desire of the Spanish government to internationalize its financial markets. Liberalization in Spain in the last 10 years has been widespread and rapid.
LEGAL FRAMEWORK
The legal framework for the financial sector is based upon several important pieces of legislation.
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