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The CNMV has imposed a fine of 120,000 euros on Compañía Española de Viviendas de Alquiler, SA for committing a serious infringement (Art. 292.1.b and 292.2 of Law 6/2023). The infringement involves non-compliance with the obligation to disclose related-party transactions as set out in Article 529 unvicies of the Capital Companies Law. The sanction is final in the administrative route following the company's waiver of its right to appeal (Resolution of July 17, 2026).
For the sanctioned entity, the resolution entails a direct financial loss of 120,000 euros and the finality of the sanction through administrative channels, leaving only the judicial route before the National High Court. For the sector of listed companies or those subject to CNMV supervision, this resolution reinforces the transparency requirements for the publication of related-party transactions in accordance with the Capital Companies Act.
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