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Internal Organisation

Corporate Governance

Estatutos Sociales de la "Socieda de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A. (only in spanish)


Users Committee

The functions of the User Committee will be to advise the Management Body on the essential provisions affecting the various categories of users accessing the ARCO System, and may issue non-binding opinions on pricing structures.

The User Committee, as set forth in article 28 of Regulation (EU) 909/2014), must comprise representatives of the issuers and the participants. Iberclear is working on the design of this Committee, which will be regulated by a Circular.

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