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🇪🇸Spain · EU member

Executive Service of the Commission for the Prevention of Money Laundering

SEPBLAC · AML authority
Madridwww.sepblac.es
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FY2025 · as of 31 December 2025Published figures unless marked

Employees143employees
Annual budget~€22moperating costs — pin exact from SEPBLAC memoriaEstimate
Supervised entities~9,277obliged entities under AML/CFT supervisionEstimate

Overview

SEPBLAC — the Servicio Ejecutivo de la Comisión de Prevención del Blanqueo de Capitales e Infracciones Monetarias — is Spain's AML/CFT supervisory authority and financial intelligence unit. It does not license financial institutions: in Spain, the Banco de España licenses and prudentially supervises banks and payment and e-money institutions, and the CNMV licenses investment firms and crypto-asset service providers, while SEPBLAC supervises all obliged entities' compliance with anti-money-laundering and counter-terrorist-financing obligations and executes financial sanctions. It pioneered thematic AML inspections over a decade before the EU made them mandatory, a practice FATF singled out in its 2014 evaluation of Spain. Everything below is SEPBLAC's own data, from its official publications.

Regulated sectors

3
BanksPayment institutionsCrypto-asset service providers

Figures as published by Executive Service of the Commission for the Prevention of Money Laundering for FY2025. Source: SEPBLAC (Spanish / English) (SEPBLAC discloses little organisational data — expected norm). Data as of 31 December 2025.

Leadership

1
Pedro Manuel Comín Rodríguez

Directorsince 2020

Full board

Organisation (FY2025)

Employees
143
Operating costs
~€22mPin exact figure from the SEPBLAC memoria before publishing as authoritative
Estimate
Obliged entities supervised
~9,277Across financial and non-financial sectors
Estimate

Mandate

FY2025
AML/CFT supervision + FIU + financial sanctions execution
Under Law 10/2010Supervises obliged entities across the financial and non-financial sectors
Licensing role
NoneBanco de España and CNMV license; SEPBLAC supervises AML/CFT — the national split this card exists to explain
Governance
Executive service of the Commission for the Prevention of Money LaunderingCommission chaired ex officio by the Director General of the Treasury and Financial Policy; SEPBLAC run by a Director
Organisational figures
Not disclosedSEPBLAC discloses little organisational data — expected norm

Reform in progress

FY2025
Draft Royal Decree (April 2026)
Cap the Director's mandate at six years, non-renewable, and strengthen transparencyConverging early with the EU AML package applicable from 2027

Notable

FY2025
Split from licensing
Spain splits AML supervision from licensing: SEPBLAC supervises what Banco de España and the CNMV license.
Thematic AML inspections pioneer
Invented thematic AML inspections ~13 years before the EU AML package made them mandatory EU-wide.
Early alignment with AMLA
An April 2026 draft Royal Decree would cap the Director's mandate at six years and align Spain early with the 2027 EU AML framework and AMLA.

Key legislation

3
Law 10/2010 on the Prevention of Money Laundering and Terrorist Financing

AML/CFT — foundational

Royal Decree 304/2014

AML/CFT implementing regulation

Draft Royal Decree (April 2026)

Would cap the Director's mandate at six years, non-renewable

Registers, portals and publications

Application portals

SEPBLAC portal

Recent publications

SEPBLAC — activity summaries2026-08-01
Data as of 31 December 2025 · Source: www.sepblac.es + ComplyBridge researchActivity Index methodology →