Fund and asset management · CNMV
Spanish fund management company (SGIIC) authorisation (CNMV)
A Spanish fund management company gives access to Iberian investor capital and a natural bridge to Latin American allocators who share the language and often the legal traditions. It is the EU manager base where the Spanish-speaking world is the strategy rather than an afterthought.
The regulator
The Comisión Nacional del Mercado de Valores authorises and supervises collective investment management companies, with a conduct and investor protection emphasis. It examines the competence of the management team in relation to the specific strategies proposed.
What the licence permits
Regulated under the CNMV
- Manage Spanish collective investment undertakings
- Provide discretionary portfolio management to Spanish clients
- Market authorised funds to Spanish investors
- Passport management and cross-border marketing across the EEA
Who it suits
Managers targeting Iberian and Latin American capital, and groups wanting an EU base where Spanish-language distribution is native.
Market access
EEA passporting, with strong commercial and linguistic links into Latin American markets.
What to weigh
Supervision and documentation run in Spanish, and the domestic distribution market is intermediated through banking networks that are not easy for newcomers to access.
We run the Spain application end to end
Whether you build from new or acquire an existing licensed entity, BrokLicense handles incorporation, the regulator application, the AML and compliance framework, safeguarding and banking arrangements, and the operating stack. You stay the principal. We do the work, in confidence, and stay on for compliance once you are live.
Cost, capital, and timelines depend on your model and are set out in a first consultation, under NDA, not published here.
Other permissions in Spain
Related reading
- Fund Manager or Investment Firm? Choosing the Right Asset-Management AuthorisationManaging mandates and managing funds are different regulated activities under different regimes. Applying under the wrong one costs a year and a rejection.
- The MiFID Investment Firm Licence: What the Permissions Actually CoverA MiFID licence is not one permission but a set you choose from. The combination you pick sets your capital, your obligations, and your supervisory weight.
- Licensing an Investment-Management Firm: What Changes When You Manage Other People's MoneyRunning an asset or portfolio manager sits under a different permission than broking. Here is what the licence covers and what regulators expect.
- EU Passporting Explained: One Licence, Thirty MarketsA single EU investment-firm licence works across the whole European Economic Area. Here is how passporting works and why it shapes where firms base.
Fund and asset management in other Europe jurisdictions
- United KingdomFCA
- ItalyBanca d'Italia / CONSOB
- GermanyBaFin
- AustriaFMA
- IrelandCentral Bank of Ireland
- SwitzerlandFINMA
Discuss your mandate in confidence
Every engagement begins under a mutual NDA. Set out the firm you intend to operate and the timeline you are working to, and you leave the first consultation with a recommended jurisdiction, the route to the licence, and a defined scope of work.
Prefer email? info@broklicense.com