CNMV and ICAC publish their third joint statement on sustainability reporting
The CNMV and the ICAC published on October 20, 2026, their third joint statement to guide Spanish companies in preparing their sustainability information amid the lack of transposition of the CSRD Directive and the amendment introduced by the Omnibus I Reform. The text updates recommendations for fiscal year 2026 and confirms that companies will coexist with Law 11/2018, still in force, and a simplified European framework pending transposition.
In 35 seconds
- The CNMV and the ICAC published their third joint statement on October 20, 2026.
- The CSRD is still pending transposition in Spain and the Omnibus I Reform amends its content.
- Entities with more than 1,000 employees are recommended to publish the EINF in line with the ESRS, as far as possible.
IASummary generated by artificial intelligence from a story by Cuatrecasas. It may contain errors: the original source prevails.




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