We undertake all aspects of Banking Law, specifically the set of regulatory, jurisprudential and doctrinal laws that advise and regulate the operations performed by banking entities with their clients.
We provide advice in matters of banking contracts, specialising in claims out-of-court due to incorrect banking practices and in judicial proceedings against banking malpractice carried out by the banking entities of this country in marketing traditional banking products and toxics products, such as swaps or interest rate swaps, preferred shares, convertible bonds, multi-currency mortgage or unfair terms in mortgage loans and derivative products, such as unlimited personal responsibility for mortgage credits, banking intermediation in securities markets, deposits or operations subject to underlying securities and investment funds.
Likewise, we offer legal coverage and comprehensive advice throughout Spain in financial and tax issues, providing legal coverage for firms and companies related to taxes, taxation system and fiscal policies in general.
Together with the traditional financial markets law, exclusively related to the banking system which coexists with the Stock Exchange Law.
However, and in a parallel manner, a new market in the securities market has been developed, which operates together with the primary traditional market. It is a secondary securities market, official or not, in which even the banking system has not hesitated in operating through what is known as "Private Banking".
Traditionally, the Stock Market had built the official securities market, but the ups and downs of investments and savings has favoured the appearance of this other securities market and financial instruments, focused on the Futures and Options market (investment in debt or in fixed or variable income), which has given rise to a new normative discipline, Financial Markets Law.
This normative has the singularity that in the area of the EEC it is regulated through the Directives that the countries of the European Union receive with obligated transposition in their judicial orders.
The new securities market is regulated in our country as a basic normative edification by the Securities Market Law, which includes the Directives from the EEC, thus becoming a Community Law from which the main directives of protection of securities rights of the investor arise.
Our bureau, knowledgeable in this new Law and with success and proven experience in the Courts and Tribunals of this country, counsels in court and out of court, in the operations in financial markets in which the intermediaries have not acted with the appropriate caution in strict observance of the law.