#Sabadell [#BankOfSpain]() #MortgageFraud #BankingRegulation [#Spain]() # Bank of Spain fines Sabadell €16.5m over mortgages 11 November 2026 at 17:15 > Banco Sabadell faces a €16.5 million penalty for illegally conditioning mortgage approvals on the purchase of linked insurance policies. The Bank of Spain has imposed a 16.5 million euro fine on Banco Sabadell for a very serious infringement involving mortgage sales. Between January 2022 and March 2023, the lender conditioned mortgages on the purchase of insurance policies, violating regulations. The fine relates to non-compliance with Law 5/2019, which regulates real estate credit contracts. Authorities found Sabadell failed to act with impartiality, using prohibited tied selling practices. The penalty was calculated based on estimated profits gained. While the fine is final through administrative channels, Sabadell has appealed to the Supreme Court. This follows a 25 million euro fine for CaixaBank. European rules and the Supreme Court have previously declared such linked insurance practices as abusive. ## Related news ![Spain's population hits record 49.9 million]() [#Spain]() #Demographics #PopulationGrowth [#INE]() [#Migration]() 12 November 2026 at 12:57 ## [Spain's population hits record 49.9 million]() > New INE data reveals Spain's population reached a historic peak on 1 October 2026, driven almost entirely by foreign-born residents. #Aldi #ChristmasShopping [#Spain]() #Budgeting #RetailTrends 11 November 2026 at 16:55 ## [Aldi report: 71% of Spanish homes shop early]() > A study reveals most households buy Christmas food early to manage budgets, with many opting for store brands and items under five euros. [#Spain]() #PublicHoliday #ConstitutionDay #SpanishRegions #DecemberHoliday 11 November 2026 at 14:46 ## [Ten Spanish regions set 7 December as holiday]() > Nine autonomous communities and Melilla designate Monday 7 December 2026 as a public holiday following Constitution Day on the Sunday. #BYD [#ElectricVehicles]() [#Spain]() #Yangwang #AutomotiveIndustry 11 November 2026 at 13:25 ## [Spain preselected for second BYD European plant]() > Chinese carmaker BYD considers Spain for a new factory as it prepares to launch its luxury Yangwang brand and high-end Altior sedan. [#Spain]() #HotelWorkers #OccupationalHealth #CamarerasDePiso #LabourRights 9 November 2026 at 17:10 ## [Spain to list housekeeper ailments as work diseases]() > Spain updates its occupational disease catalog to include hotel housekeepers, covering shoulder and wrist injuries for 150,000 workers. ![Spain probes bus firm over unfair ticket pricing]() [#ConsumerRights]() [#Spain]() #BusTravel #DripPricing #PabloBustinduy 8 November 2026 at 11:47 ## [Spain probes bus firm over unfair ticket pricing]() > The Ministry of Social Rights investigates a bus company for alleged drip pricing and withholding refund fees, facing a €1m potential fine. [#Spain]() #NationsLeague #DeLaFuente #Metropolitano #LaRoja 6 November 2026 at 17:59 ## [Spain squad for Nations League to be announced]() > Luis de la Fuente will name his Spain squad on Friday for the final Nations League group fixtures against the Czech Republic and England. #OliveOil [#Spain]() #Agriculture #MarketStability #Farming 6 November 2026 at 12:06 ## [Spain mandates olive oil storage to boost prices]() > The Spanish government orders oil mills to store 12% of production to stabilise the market following a significant drop in origin prices. [#Spain]() #LabourReform #Absenteeism [#SpanishEconomy]() #BusinessClimate 5 November 2026 at 16:10 ## [Spanish firms demand labour reform for absenteeism]() > A Spanish Chamber of Commerce study reveals 80% of business owners seek legal changes as temporary disability rates rise across Spain. [#Spain]() [#MinimumWage]() [#SMI]() #LabourMarket [#Economy]() 4 November 2026 at 15:58 ## [Spain's minimum wage set for 4.9% rise in 2027]() > A Ministry of Labour expert group proposes raising the monthly minimum wage to 1,281 euros to maintain worker purchasing power in Spain.