Definition

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Those persons or entities referred to in articles 2.1 and 2.5 of Law 10/2010 of 28 April on the prevention of money laundering and terrorist financing are considered as obliged subjects.

Non-resident persons or entities that, through branches or agents or the provision of services without permanent establishment, carry out activities in Spain of a similar nature to the persons or entities referred to in the aforementioned articles, are also bound by the obligations laid down in Law 10/2010 of 28 April.

When natural persons act as employees of a legal person, or provide permanent or occasional services for the latter, the obligations imposed under the aforementioned law shall correspond to such legal person in respect of the services rendered.

Obliged subjects will be also subject to the obligations referred to in Law 10/2010 of 28 April with respect to transactions performed through agents or other persons acting as mediators or intermediaries of the latter.