CNMV Set to Publish Grifols Analysis Amid MiCA Focus and Spain’s Market Debuts

In the weeks ahead, the National Securities Market Commission (CNMV) will publish its analysis of Grifols after requesting a second round of information from the pharmaceutical group, as explained by the regulator’s president, Rodrigo Buenaventura, during a Tuesday press briefing that also introduced the 2024 Activity Plan. The CNMV has received additional documentation from the company in recent days, Buenaventura noted, emphasizing that one of the regulator’s main challenges for the year is implementing the new cryptocurrency regulation known as MiCA. This framework is designed to enable crypto assets to become a recognized investment vehicle and to spur more stock market listings in Spain, given that there has not been a significant market debut in Madrid since mid-2022. [Citation: CNMV press briefing, 2024]