Spain: Insurance Laws and Products

El pasado domingo entró en vigor el Real Decreto-ley 7/2026, de 20 de marzo, de 20 de marzo, por el que se aprueba el Plan Integral de Respuesta a la Crisis en Oriente Medio (RD-L 7/2026).

Banking industry in Spain represents, in relation to the size of the Spanish economy as a whole, a quite large sector which has increasingly grown during the last 10-15 years, prompted, amongst others, by a few remarkable mergers between some of the largest banks in the late nineties, and a progressive investment policy of such entities abroad, specially in South America, where major Spanish banks have consolidated their positions at the head of important banking markets.