Regulatory framework and legal status

Regulatory framework

The legal framework of Sepblac consists on the following provisions:

  • Law 10/2010 of 28 April, on the prevention of money launddering and terrorist financing.
  • Royal Decree 304/2014 of 5 May, on the adoption of Regulation of Law 10/2010 of 28 April, on the prevention of money laundering and terrorist financing.
  • In Spanish only. Ley 12/2003, de 21 de mayo, de bloqueo de la financiación del terrorismo.
  • In Spanish only. Real Decreto 413/2015, de 29 de mayo, por el que se aprueba el Reglamento de la Comisión de Vigilancia de Actividades de Financiación del Terrorismo.

Legal status

Sepblac is a body organically and functionally depending on the Commission for the Prevention of Money Laundering and Monetary Offences (CPMLMO).

The powers relating to the economic, budgetary and procurement regime of Sepblac are exercised by the Bank of Spain in accordance with its specific rules.

The employees of the Bank of Spain serving on Sepblac continue their employment relationship with the Bank of Spain, depend functionally of the Executive Service, and are subject to the regulations governing the employee system of the Bank of Spain.

  • In Spanish only. Ley 13/1994, de 1 de junio, de autonomía del Banco de España.
  • In Spanish only. Resolución de 28 de marzo de 2000, del Consejo de Gobierno del Banco de España, por la que se aprueba el Reglamento Interno del Banco de España.

National Police and Civil Guard officials serving on the police units attached to Sepblac cooperate in the execution of the financial analysis and intelligence functions under the functional under the functional dependence of its Director.

  • In Spanish only. Ley Orgánica 2/1986, de 13 de marzo, de Fuerzas y Cuerpos de Seguridad.

The State Tax Administration Agency (AEAT for its initials in Spanish) officials serving on the police units attached to Sepblac cooperate in the execution of the financial analysis and intelligence functions under the functional under the functional dependence of its Director.

  • In Spanish only. Ley 58/2003, de 17 de diciembre, General Tributaria.

The patrimonial liability of the State for the actions of the bodies of the CPMLMO shall be chargeable, if applicable, to the Minister of Economy and the Treasure

  • In Spanish only. Ley 39/2015, de 1 de octubre, del Procedimiento Administrativo Común de las Administraciones Públicas.