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What information is provided by this cookies policy?

This policy provides information to users on what cookies are, what types there are and for what purposes they are used on this website. It also provides information on how to accept, customise or reject them, as well as additional information on the processing of personal data obtained through the cookies used.

This cookies policy applies to the Spanish National Securities Market Commission website, accessible through the following domain: www.cnmv.es (hereinafter, the “website") This website uses CNMV’s own first-party cookies, and third-party cookies.

What are cookies?

A cookie is a text file sent to the user's terminal during a visit to a website, allowing it to retrieve information about said visit in order to facilitate the next visit and make the site more useful to the user.

Cookies are essential to improve the browsing experience and optimise the website’s performance. They also provide statistical data on user navigation, which is used to improve the website’s content.

What types of cookies are there?

Based on the cookies’ owner:

  • First-party cookies: They are the ones the editor itself is responsible for, and which are generally sent to the user's terminal from a computer or domain managed by the editor itself and from which the service requested by the user is provided.
  • Third-party cookies: They are the ones an entity other than the publisher is responsible for and which are generally sent to the user's terminal from a computer or domain that is not managed by the editor, but by another entity that processes the data obtained from the cookies.

Depending on the time they remain active, they can be classified as:

  • Session cookies: They are used to collect and store data while the user is accessing a specific website.
  • Persistent cookies: They are those in which the data remain stored in the terminal and can be accessed and processed for a period set by the person responsible for the cookie, which varies from a few minutes to several years.

Depending on the purpose of the cookies, they can be classified as:

  • Strictly necessary cookies (technical): They allow the user to browse the website, the content to load correctly and the use of different options or services that exist within it.
  • Functionality or customisation cookies: They retrieve information so that the user can access the website with certain characteristics that may change their experience from that of other users.
  • Analytics or metrics cookies: They allow for follow-up and user analysis on their behaviour on the websites to which they are linked, including the quantification of advertisements’ impact. Information collected from this type of cookies is used in the measurement of the activity of websites, applications or platforms, in order to make improvements based on the analysis of data usage made by the service users.
  • Behavioural advertising cookies: They store information on user behaviour obtained through the continuous observation of their browsing habits, allowing for the development of a specific profile to display advertisements based on it.

For more information, please check the Spanish Data Protection Agency Guide on cookie usage.

What type of cookies are used in this website and for what purpose?

The main purpose of our cookies is for your browsing experience to be convenient and efficient. We also use our cookies to constantly improve our website.

This website uses the following cookies:
  • Strictly necessary technical cookies (first-party): They are used for the correct functioning of the site, to improve accessibility and to provide the service requested by the user.
  • Functionality or customisation cookies (first-party): They retrieve information so that the user can access the service with certain characteristics that can change their experience from that of other users. For example, the language selected or other options that allow for an improved accessibility within the website.
  • Analytics or metrics cookies (third-party): They allow for follow-up and user analysis on their behaviour on the websites for the purpose of improving the website’s content.
  • Behavioural advertising cookies (third-party): They store information on user behaviour obtained through the continuous observation of their browsing habits, allowing for the development of a specific profile for information content optimisation. 

This website uses Google Analytics, a web analytics service developed by Google, which allows the measurement and analysis of website navigation. According to the aforementioned classification, the ones used are third-party and analytics cookies The CNMV also uses a typical Google ad serving cookie for analytical purposes in order to have an aggregate understanding of demographic data of web users (age, gender, location and interests) for information content optimisation. For more information, please check Google’s Privacy Policy

Through web analytics, the CNMV obtains aggregate (never individual) information on aspects such as the number of users accessing the site, city, number of pages viewed, frequency and repetition of visits, their duration, browser used, the operator providing the service, language, terminal used, as well as age, gender and interests of users. This information allows us to improve the services and content we offer to the public.

In addition, this website contains links and content from third-party websites that may contain cookies not belonging to the CNMV. By viewing and accessing them, you accept the cookies installed by third parties and their corresponding privacy and cookies policy. For more information, please check YouTube and Google Maps’ privacy policies.

The cookies used in this portal, as well as their type and function, are listed below:

 Name of the cookie Type Duration Owner Purpose
CookiesPolicyCNMV_ Technique 1 year CNMV Storing optional cookie selection and user consent
IdiomaCNMV_ Customisation 1 year CNMV Saving the language selected by the user for website browsing
tipoEnlace Customisation 1 year CNMV Improving accessibility of the website by adapting link display
_Ga Analysis 1 year Google Collecting data on user navigation to generate statistics and improve the website
Doubleclick Advertising 13 months (EEA, Switzerland and UK) / 24 months (other countries) Google Aggregate analysis of user age, gender and interests to optimise the dissemination of institutional content

How can I manage my cookies settings?

In the Cookies settings panel of this website (accessible at all times), you can read all the information about the cookies used by this website and enable or disable those cookies that are not strictly necessary for the website to work.

Go to the cookie settings panel

You can also disable or delete cookies in your browser settings. Each browser and device has a different settings panel, so here’s a guide for the main browsers: 

Is my personal data transferred internationally?

The CNMV does not transfer personal data collected through the cookies installed on this website outside the European Economic Area.

The CNMV has signed a service contract with Google Ireland Limited (an entity part of the European Economic Area).

For information on international transfers outside the European Economic Area that, where appropriate, Google may make with respect to the data collected through the cookies installed in its services, please read Google’s Privacy Policy.

Who is responsible for the processing of my personal data?

The responsible for the processing of personal data obtained through cookies installed on this Website is the NATIONAL SECURITIES MARKET COMMISSION, NIF: Q2891005G, address at C/Edison 4, 28006, Madrid, Spain, telephone: 915 851 500.

For more information on the processing of your personal data by the National Securities Market Commission (CNMV) and on your rights regarding data protection, please visit the following link to the CNMV’s Privacy Policy.

For more information on the processing of personal data by Google through the cookies installed in its services, you can check Google’s Privacy Policy.

What is the storage period for my personal data?

Personal data is processed for as long as we are authorised to use cookies, except for those necessary for the proper functioning of this website.

Updates

This cookies policy may be modified according to legislative or regulatory requirements or in order to adapt this policy to the instructions issued by the Spanish Data Protection Agency. Therefore, we recommend checking it regularly.

Last update: 30 April 2025