Preaching protection
Continuing a series of interviews with national regulators about structured products, we talk to Maria Jose Gomez Yubero, head of investor protection at the Comision Nacional del Mercado de Valores, about the fallout from the Lehman Brothers bankruptcy, the implementation of Mifid and regulatory approach to structured products. Emma Dunkley puts the questions to the Spanish regulator
Structured Products: Which government departments are responsible for regulating retail and institutional structured products in your country?
Comision Nacional del Mercado de Valores: The regulation of structured products in Spain does not differ from any other area of financial legislation. Laws are promulgated by the Parliament, while the Government and the Ministry of Economy have the formal power to approve respectively decrees and ministerial orders.
The Comision Nacional del Mercado de
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