Spanish court drops charges against central bank staff

Ex-governor and three senior regulators will not face charges over ‘Bankia affair’

Photo of the Bank of Spain

A Spanish judge has dropped criminal charges brought against a former governor and three senior regulators at the Bank of Spain and the head of the country’s securities market regulators.

On February 13 this year, the chamber for criminal matters of Spain’s national high court ruled that Miguel Fernández Ordoñez, governor of the Bank of Spain from 2006 to 2012, might have to answer charges regarding the so-called ‘Bankia affair’.

The February ruling said that three Bank of Spain employees

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