Regulatory changes in Spain to the legal regime for mortgage cédulas and other covered bonds

Royal Decree-law 24/2021, which transposes, among others, Directive 2019/2162 on the issue of covered bonds and covered bond public supervision, has recently been published in the Official State Bulletin (BOE). The purpose of the Decree-law is to regulate the regime for the issue and supervision of covered bonds, establishing their characteristics, disclosure requirements and investor protection mechanisms. This Legal Briefing analyses the regulatory changes introduced by the Royal Decree-law in this regard.

The entire content of the Legal Briefing can be found in the PDF.