LINK SECURITIES, SOCIEDAD DE VALORES, S.A.

• LiftedComisión Nacional del Mercado de Valores (CNMV)

  Debarment

  In this state since

  12 Sept 2026

  Designated

  28 Jul 2023

  Reason given

  https://www.cnmv.es/portal/Consultas/RegistroSanciones/IniRegSanciones.aspx [original (Spanish)] CNMV has imposed a fine of 100,000 euros on Link Securities, S.V., S.A., for committing a very serious infringement defined in Article 283 (3) of the Consolidated Text of the Securities Market Act, approved by Royal Legislative Decree 4/2015, of 23 October, in relation to Article 193 of the aforementioned legal text, for having breached Link Securities, S.V., S.A. regulations relating to internal organizational requirements in relation to internal order records; audit, internal control and compliance functions; information provided that serves as a basis for calculating contributions to FOGAIN; supervision of the activities carried out by its agents; measures to guarantee the property rights of clients (transitorship of credit balances and absolute separation between client funds and entity funds); and evaluation of suitability and appropriateness. THIS DECISION HAS BEEN DECLARED FINAL.

  Document

  The publisher's document (https://registers.esma.europa.eu/publication/details?core=esma_registers_sanctions&docId=sn12170)

  Stated by

  ESMA Sanctions Register

  First recorded here

  12 Sept 2026

  Listing id

  12170

• In forceComisión Nacional del Mercado de Valores (CNMV)

  MiFID

  In this state since

  12 Sept 2026

  Designated

  28 Jul 2023

  Reason given

  https://www.cnmv.es/portal/Consultas/RegistroSanciones/IniRegSanciones.aspx [original (Spanish)] CNMV has imposed a fine of 100,000 euros on Link Securities, S.V., S.A., for committing a very serious infringement defined in Article 283 (3) of the Consolidated Text of the Securities Market Act, approved by Royal Legislative Decree 4/2015, of 23 October, in relation to Article 193 of the aforementioned legal text, for having breached Link Securities, S.V., S.A. regulations relating to internal organizational requirements in relation to internal order records; audit, internal control and compliance functions; information provided that serves as a basis for calculating contributions to FOGAIN; supervision of the activities carried out by its agents; measures to guarantee the property rights of clients (transitorship of credit balances and absolute separation between client funds and entity funds); and evaluation of suitability and appropriateness. THIS DECISION HAS BEEN DECLARED FINAL.

  Document

  The publisher's document (https://registers.esma.europa.eu/publication/details?core=esma_registers_sanctions&docId=sn12170)

  Stated by

  ESMA Sanctions Register

  First recorded here

  12 Sept 2026

  Listing id

  12170

No ownership verdict was on file for this company on 24 October 2026.

As recorded by the assessment reading taken on 12 September 2026, 19:15 UTC, the newest on or before the date. Only “checked, not found” means a source was read in full and held nothing for the company.

Where the company is registered or connected

• ES: registered here

  No company register for this jurisdiction has been connected to this system, and none has been examined. No register here states who owns its companies.

• Whether each listing was in force is rebuilt from what was recorded here: when it was first read, when a source stopped or resumed carrying it, and when its published term ended. A listing in force at an authority before this system first read it is shown from that first read.
• No ownership verdict is kept for this company. Verdicts are kept for companies registered where shareholders are read here: Estonia, Latvia and Poland.

For each source behind this file, the newest read made on or before the date: the version of it that stood.

• ESMA Sanctions Register

  Read on 23 October 2026. No date from the publisher is read for this file, so its age is not known here. 845 records read.

Taken

12 September 2026, 19:15 UTC

Methodology

Version 4

Level

Medium

Score recorded

65 of 100

Digest

d34dec7ba80b6872adba13063460ef6a516ec7ecA fingerprint of everything the reading says. The same reading always has this digest, and any change in it gives another.

Reading id

474d4b1e-50e8-42f8-ba95-d03a6e674558

Address

https://apolika.com/entities/78159e79-da5b-4585-ae48-cd3168f7b587/evidence?as_of=2026-10-24The same address gives the same day's file tomorrow. What was recorded after the date is not in it.

As data

https://apolika.com/api/entities/78159e79-da5b-4585-ae48-cd3168f7b587/evidence?as_of=2026-10-24T19%3A48%3A12.774Z

Made

24 October 2026, 19:48 UTC