BOE-A-2026-7821 ·6 April 2026 ·Resolution Low impact
Tax

One-year ban from management or administrative roles in credit institutions for Caja Rural executive

The Bank of Spain has published a sanction for a serious infringement imposed on Mr Luis Jesús García-Lomas Pousibet, in his capacity as Deputy General Manager of Caja Rural de Jaén, Barcelona y Madrid, S.C.C. (Art. 115.5 Law 10/2014). The infringement involves the failure to maintain an adequate organisational structure and a corporate governance system that ensures sound management and prevents conflicts of interest (Art. 93.p Law 10/2014). The sanction entails a one-year disqualification from holding administrative or management positions within the financial sector (Art. 101 Law 10/2014).

In 2 key points

  1. Disqualification from administrative or management roles for a period of 1 year, Art. 101 Law 10/2014 (art. 101 Ley 10/2014)
  2. Serious infringement due to lack of adequate organisational structure and corporate governance system, Art. 93.p (art. 93.p Ley 10/2014)

How it affects those involved

For the sanctioned individual, the measure implies a disqualification from management roles and removal from his current position at the credit institution for one year (Art. 101 Law 10/2014). For credit institutions, the resolution emphasises the obligation to maintain organisational structures with defined lines of responsibility and corporate governance systems that ensure prudent management (Art. 93.p Law 10/2014).

Lifecycle

2026-04-06PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.
PDF on boe.es

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