Sepblac
Spain's financial intelligence unit and supervisory authority. It receives suspicious transaction reports and can request information from national regulators and the European Central Bank.
Southern Europe · Country coverage
AML/CTF Compliance in Spain
Spain regulates AML/CTF through Sepblac and Law 10/2010, aligned with the EU AML Directives. See the obligations and how MemberCheck supports them.
Last updated
Screening coverage for Spain
- Sanctions & PEP screening
- Adverse media checks
- Customer identity verification
- Jurisdiction risk checks
- Ongoing monitoring
Key facts
AML supervisor / FIUSepblac (Commission for the Prevention of Money Laundering and Monetary Offences)
FATF statusFATF member
Primary legislationLaw 10/2010 of 28 April; Royal Decree 304/2014
Overview
AML/CTF compliance in Spain.
Spain builds its AML/CTF regime on a risk-based approach set out in Law 10/2010 and Royal Decree 304/2014, aligned with the EU Anti-Money Laundering Directives. Sepblac acts as both the financial intelligence unit and the supervisory authority, receiving suspicious transaction reports and coordinating with national regulators.
Obliged subjects must ground their programme in a documented risk assessment, run Know Your Customer and due diligence procedures, apply enhanced measures to higher-risk relationships, and report suspicious activity to Sepblac. They must also appoint a Sepblac delegate, establish an internal control body, and maintain a written prevention manual.
MemberCheck helps teams meet these obligations by screening customers and entities against global sanctions, PEP, and adverse-media data, verifying identities, and monitoring risk continuously, with a clear audit trail behind every decision.
Regulation
All solutions →Key laws and regulators.
Law 10/2010
Spain's principal AML statute of 28 April 2010, supplemented by Royal Decree 304/2014. It sets risk-based due diligence, reporting, and internal control obligations for obliged subjects.
Internal Control Body (OCI)
Obliged subjects must appoint a Sepblac delegate and establish an internal control body responsible for enforcing AML/CTF policies and procedures across the business.
EU AML Directives
As an EU member state, Spain transposes the EU Anti-Money Laundering Directives, which shape customer due diligence, beneficial ownership, and reporting expectations.
Obligations
What regulated businesses must do.
- Base the AML/CTF programme on a documented risk assessment
- Know Your Customer and customer due diligence procedures
- Enhanced due diligence for higher-risk relationships
- Appoint a Sepblac delegate and internal control body
- Report suspicious transactions to Sepblac
- Ongoing monitoring, record keeping, and staff training
1,000+
Global watchlists screened
<1s
Average screening response
24h
Watchlist refresh cycle
195
Countries covered
FAQ
Common questions.
Who supervises AML/CTF in Spain?
Sepblac, the Commission for the Prevention of Money Laundering and Monetary Offences, is Spain's financial intelligence unit and supervisory authority for AML/CTF.
What is the main AML law in Spain?
Law 10/2010 of 28 April, supplemented by Royal Decree 304/2014, is Spain's principal AML statute, setting risk-based due diligence, reporting, and internal control obligations.
Is Spain a member of FATF?
Yes. Spain is a member of the Financial Action Task Force and, as an EU member state, also transposes the EU Anti-Money Laundering Directives.
How does MemberCheck support AML compliance in Spain?
MemberCheck screens customers and entities against global sanctions, PEP, and adverse-media data, verifies identities, and monitors risk continuously, with an audit trail behind every decision.
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