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The purpose of this regulation is to specify the principles for actions of the board of directors, the basic rules of its organisation and functioning and the rules of conduct for its members. The regulation seeks to achieve the greatest transparency, effectiveness, motivation, supervision and control regarding the boards functions of management and representation of the corporate interests, in accordance with the principles and recommendations regarding corporate governance of listed companies. Download Internal Rules of Conduct in the Securities Market These rules of conduct for securities market activities (hereinafter, the Rules) have been approved pursuant to article 80. 2 of Law 24/1988 of 28 July on the Securities Market. In compliance with the provisions of said Law, these Rules will be sent to the National Securities Market Commission (hereinafter, CNMW)