Catalan Finance Institute

October-2025

Following a report about various irregularities in the field of the Catalan Institute of Finances, an action was initiated in which the financing of living expenses and compensation linked to the CEO was examined, mainly, as well as the hiring of an external person to perform the functions of secretary of the Governing Board and the Executive Committee. Despite the breadth of the report, the lack of attached documentation made it necessary to carry out a specific prior analysis of plausibility to delimit the facts susceptible to investigation. From the examination carried out, it is clear that the external hiring of the secretary did not comply with the legal requirements in force between 1.12.2015 and 31.03.2017, although later, with the legal amendment introduced in 2017, it found regulatory compliance. Likewise, deficiencies have been detected in the compensation regime for certain expenses of the CEO, as well as in matters of transparency. In accordance with these results, the action has been filed and a reasoned recommendation regarding compensation and transparency has been requested.