Sepblac

What Sepblac does

Sepblac (Servicio Ejecutivo de la Comisión de Prevención del Blanqueo de Capitales e Infracciones Monetarias) is a Spanish government administrative body that operates as Spain's national Financial Intelligence Unit (FIU) and Anti-Money Laundering Supervisory Authority, established under Law 10/2010 of 28 April. It is overseen by the Commission for the Prevention of Money Laundering and Monetary Offences (CPBCIM), with its economic, budgetary, and contracting competencies exercised by the Bank of Spain under a formal collaboration agreement. Sepblac's mandate covers the prevention of money laundering and terrorist financing throughout Spain, and it cooperates internationally through FIU-Net, the Egmont Group, and FATF/GAFI.

Its core technology consists of specialized regulatory IT systems: the CTL 2.3 software, used by credit institutions to electronically submit suspicious transaction reports using digital certificate-based authentication; the DMO telematic application, used by obliged subjects for systematic reporting of monthly operations or semi-annual negative declarations; and the Centralized Banking Account Register (FTF), a national registry of banking account holders maintained for AML/CFT purposes. Sepblac also issues recommendations, risk indicator catalogs, and activity reports to support obliged subjects' compliance with Law 10/2010.

Sepblac has no commercial revenue model. Its funding flows through public budgets as part of the Spanish government's AML framework. The entity serves a legally mandated constituency of obliged subjects — credit institutions, insurance and investment firms, payment and electronic money institutions, notaries, lawyers, accountants, auditors, real estate agents, jewelers, art dealers, casinos, and cryptoasset service providers — who are required to use its reporting systems and comply with its supervisory oversight.

Name

Sepblac

Legal name

Servicio Ejecutivo de la Comisión de Prevención del Blanqueo de Capitales e Infracciones Monetarias

Website

https://sepblac.es

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Sepblac is Spain's Financial Intelligence Unit and Anti-Money Laundering Supervisory Authority, operating under the CPBCIM to receive suspicious transaction reports, maintain the Centralized Banking Account Register (FTF), and supervise all obliged entities under Law 10/2010.

Ownership category

akta.pro rank

Product category

Anti-Money Laundering Regulation and Financial Intelligence

NAICS

Other Activities Related to Credit Intermediation (522390)

SIC

Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

Financial Crime, AML/CFT & Sanctions Compliance (BPAHAFAE)

akta.pro secondary industries

Regulatory Reporting & Recordkeeping (AML/CTF) (FSAMAMAG), Case Management, Investigations & SAR/STR Filing (FSAMAMAF), Financial Regulation, AML/CFT & Tax Transparency Cooperation (BPADANAL)

Keywords

• Anti-money laundering regulation
• Suspicious transaction reporting
• Financial intelligence unit
• Terrorist financing prevention
• AML supervisory authority

Headquarters

HQ city

Las Rozas De Madrid

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Others

Distribution channels4 records

Marketing channels4 records

Core offering

Sepblac receives, analyzes, and acts on suspicious transaction reports and systematic transaction declarations from all obliged subjects (credit institutions, insurers, payment institutions, notaries, lawyers, accountants, auditors, real estate agents, jewelers, art dealers, casinos, and cryptoasset service providers) operating in Spain under Law 10/2010. It supervises compliance with anti-money laundering and terrorist financing (AML/CFT) obligations, manages the Centralized Banking Account Register (FTF), and operates the CTL 2.3 and DMO reporting systems. Sepblac also issues internal control recommendations, publishes risk indicator catalogs, and cooperates with international FIUs through the Egmont Group and FIU-Net.

Product overview

Sepblac (Servicio Ejecutivo de la Comisión de Prevención del Blanqueo de Capitales e Infracciones Monetarias) is Spain's Financial Intelligence Unit and Anti-Money Laundering Supervisory Authority. The organization provides a portfolio of regulatory reporting systems and oversight services rather than a commercial product platform. Its core offerings include the CTL 2.3 electronic reporting software for credit institutions to submit suspicious transaction reports, the DMO telematic application for systematic transaction reporting, and the Centralized Banking Account Register (FTF) for banking account holder information. Sepblac also publishes risk indicators, guidance documents, and activity reports to support obliged subjects in meeting their anti-money laundering obligations.

Differentiator

Problem solved

Functional benefit

Products and services

• CTL 2.3 Software
• DMO Application (Comunicación Sistemática)
• Centralized Banking Account Register (FTF)
• Suspicious Transactions Reporting Service

Quantifiable outcome

• Sepblac receives and analyzes suspicious transaction reports from all obliged financial institutions in Spain, contributing to national and international efforts to prevent money laundering and terrorist financing.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core, major and supporting.

• National Securities Market Commission (CNMV)coreStrategic or Co-development Partner · 7 July 2023Collaboration agreement (Convenio) signed for coordination of supervisory activities in securities market anti-money laundering matters.
• Directorate General of Insurance and Pension Funds (DGSFP)coreStrategic or Co-development Partner · 9 June 2021Collaboration agreement (Convenio) signed for coordination of supervisory activities in anti-money laundering matters related to insurance and pension fund sectors.
• Bank of Spain (Banco de España)coreStrategic or Co-development Partner · 22 March 2021Collaboration agreement (Convenio) signed for coordination of supervisory activities in anti-money laundering matters. Additionally, economic, budgetary, and contracting competencies of Sepblac are exercised by the Bank of Spain.
• Financial Action Task Force (FATF/GAFI)coreOthersFATF is an intergovernmental body created in 1989 that sets international standards for preventing money laundering and terrorist financing. Spain has been a member since 1990 and has held its presidency twice. Sepblac participates in FATF activities and publishes FATF recommendations and mutual evaluation reports.
• Egmont GroupcoreOthersWorldwide group of Financial Intelligence Units that facilitates international cooperation and secure information exchange. Sepblac participates in the Egmont Group and uses the Egmont Secure Web (ESW) for information exchange with FIUs outside the EU.
• FIU-NetcoreOthersEU-level network for information exchange between Financial Intelligence Units within the European Union. Used by Sepblac for cooperation with FIUs of other EU member states.
• European Banking Authority (EBA)majorOthersSepblac participates in the EBA's specialized committee for European Supervisory Authorities and contributes to the development of AML/CFT regulations and guidelines at EU level.
• Caribbean Financial Action Task Force (CFATF/GAFIC)supportingOthersRegional FATF-style body for the Caribbean. Spain holds observer member status as a cooperating and supporting nation, participating in the organization's efforts to prevent money laundering and terrorist financing in the Caribbean region.
• Latin American Financial Action Task Force (GAFILAT)supportingOthersIntergovernmental body created in 2000 for preventing money laundering and terrorist financing in Latin America. Spain holds observer member status.
• Middle East and North Africa FATF (MENAFATF/GAFIMOAN)supportingOthersIndependent organization created in 2004 covering the Middle East and North Africa region. Spain holds observer member status.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Tracfin (Traitement du renseignement et action contre les circuits financiers clandestins): Tracfin is France's FIU under the Ministry of Economy, tasked with collecting and analyzing suspicious transaction reports and combating money laundering. Closely comparable to Sepblac in EU regulatory context and obliged-subject framework.
• AUSTRAC (Australian Transaction Reports and Analysis Centre): AUSTRAC is Australia's financial intelligence unit and AML/CTF regulator. It is a strong functional peer to Sepblac in receiving suspicious matter reports and supervising reporting entities, but operates in a different geographic jurisdiction (APAC).
• FINTRAC (Financial Transactions and Reports Analysis Centre of Canada): FINTRAC is Canada's national FIU, responsible for receiving and analyzing suspicious transaction reports under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. Comparable to Sepblac in mandate and supervisory role, but focused on the Canadian market.
• UIF - Unità di Informazione Finanziaria (Banca d'Italia): UIF is Italy's FIU, housed within Banca d'Italia, responsible for receiving suspicious transaction reports and AML supervision. Highly comparable to Sepblac structurally — both are national FIUs whose administrative functions intersect with their central bank.

Broad incumbents

• FinCEN (Financial Crimes Enforcement Network): FinCEN is the US Treasury Department's Financial Intelligence Unit and primary AML/CFT regulator. It is the most directly comparable national FIU peer to Sepblac in terms of mandate (SAR collection, BSA enforcement, FFIEC coordination), though operating at larger scale and with broader international reach.
• AMLA (Authority for Anti-Money Laundering and Countering the Financing of Terrorism): AMLA is the newly established EU-wide AML/CFT supervisory authority headquartered in Frankfurt. As a supranational layer that will coordinate and partially assume supervision currently performed by national FIUs like Sepblac, it is both a peer and a potential successor authority.

Others

• Egmont Group of Financial Intelligence Units: The Egmont Group is the worldwide association of FIUs that enables secure information exchange and operational cooperation. Sepblac is a member; the Group is a peer in the sense of being a key counterparty and standard-setter for cross-border FIU activity.
• Banco de España: Banco de España is Spain's central bank and the institution that exercises budgetary, contracting, and economic competencies on behalf of Sepblac under agreement with CPBCIM. It is both a governance peer and a key operational counterparty for Sepblac.
• CNMV (Comisión Nacional del Mercado de Valores): CNMV is Spain's National Securities Market Commission and a signatory of the 2023 coordination agreement with Sepblac for AML supervision of securities-market obliged subjects. It is a domestic peer in the sense of co-regulating overlapping obliged-subject populations.
• FATF (Financial Action Task Force / GAFI): FATF is the intergovernmental standard-setting body for AML/CFT. Spain (and Sepblac by extension) is a member; FATF functions as both a regulator-of-regulators and a peer network for policy and mutual evaluation work performed by Sepblac.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sepblac

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sepblac