Legal action against Bank of Spain already seeing results, claims lawyer

foto-aro-5
Alberto Ruiz Ojeda

The lawyer acting for a group of small shareholders suing the Bank of Spain over the flotation of failed bank Bankia in 2010 has told CentralBanking.com the "landmark" case is already affecting the behaviour of the country's financial regulatory regime.

Alberto Ruiz Ojeda, a partner at Málaga-based law firm Cremades & Calvo-Sotelo, acting for Spain's small shareholders association AEMEC, said the decision to allow Bankia to list itself on the stock market through an initial public offering (IPO)

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.