Spain OTC Trading Desk — Compliant Development
Launch an OTC trading desk in Spain with compliance controls mapped to CNMV/BdE and MiCA. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
Spain · OTC Trading Desk
Spain supervises crypto-asset service providers under MiCA through CNMV and Banco de España (CNMV/BdE). Firms offering exchange, custody, advisory, or other CASP services must obtain authorization and meet prudential, governance, and AML requirements before serving clients in the EU.
| Jurisdiction | Spain |
|---|---|
| Regulator | CNMV/BdE |
| Product | OTC Trading Desk |
Software
Built-in compliance controls
- RFQ, quote, and block-trade workflows with approval chains
- Counterparty KYC and credit/limit management
- Settlement tracking and nostro/vostro reconciliation
- Trade blotter exports for compliance and finance
- Integration with liquidity providers and custodians
- Embed KYC verification for all trading participants.
- Monitor transactions for AML compliance and suspicious activity.
- Maintain detailed records of all trades and user interactions.
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What are the compliance requirements for an OTC trading desk?
- You need to implement KYC, AML, and transaction monitoring systems.
- How does MiCA impact OTC trading operations?
- OTC trading desks must comply with MiCA regulations to operate legally.
- Can I integrate compliance features into my existing OTC desk?
- Yes, we can help enhance your existing systems with compliance controls.