Spain: International Trade & Investment

Law 19/2003, published in the Spanish Official Gazette dated 5^th July 2003, includes in its Third Additional Disposition the normative that, amending Spanish Law 13/1985 on investment coefficients, equity and information obligation of financial intermediaries, rules preferred securities under Spanish legislation

A new Spanish Arbitration Act was approved on December 23, 2003 and will come into force in March, 2004. The new Arbitration Act replaces the one previously in force, dating from 1988.