Awards and distinctions received in 2013
Antonio Zoido, Chairman of BME, was re-elected for his
second term as Trustee of the International Financial
Reporting Standards (IFRS) Foundation, the supervisory
body of the International Accounting Standards Board
Initiatives in which BME participates
BME is involved in the following national and interna-
tional initiatives:
The European Code of Conduct for Clearing and Settle-
ment (since 2006)
The Carbon Disclosure Project (since 2007)
The Code of Best Tax Practices (since 2010)
The United Nations Global Compact (since 2011)
Relations with Public Administrations
Given the importance of the activities carried out by BME
in ensuring the smooth running of the financial markets
and, by extension, the Spanish economy, the company
must maintain a fluid relationship with public bodies
through official channels predicated on strict adherence
to applicable regulations.
Furthermore, BME’s role asmanager of regulatedmarkets,
trading systems, central counterparties and registration,
clearing and settlement systems is carried out in com-
pliance with European and Spanish sector regulations.
Accordingly, BME and the majority of its subsidiaries are
supervised by the Spanish National Securities Commis-
sion (Comisión Nacional del Mercado de Valores, CNMV)
and by the European Securities and Markets Authority
(ESMA). As part of its solid relationship with the CNMV,
BME actively participates in the forums established in the
regulator and serves on the Consultative Committee, the
advisory body to the CNMV Board of Directors.
Since it was first approved, BME has adhered to the Code
of Best Tax Practices, designed to foster a relationship of
reciprocal cooperation between the Spanish tax admin-
istration agency and companies.
BME does not contribute to any political parties or
organisations, allowing BME management to remain
independent in its relationships with local, regional and
national government bodies.
BME did not receive any financial aid from the govern-
ment in 2013. However, it did avail itself of subsidies
offered by the Tripartite Foundation to provide in-com-
pany training initiatives (see Chapter 3 of this report for
more information).
Relations with the media.
The responsibility taken on by BME as the main vehicle
for channelling savings towards the financing of com-
panies requires dealing closely with the Spanish and
international media. To that end, BME has established a
Corporate Communications Area.
BME meets daily demand for news by putting out press
releases and addressing the specific enquiries of the
media and other information providers.
All company-related information on the corporate web
page is kept up to date. The “Press Room” section con-
tains all the Chairman’s speeches and other documents
of interest.
Furthermore, the stock exchange trading floor continues
to attract the attention of the media. This has prompted
BME to strive to meet certain infrastructure needs of TV
and radio stations and other media, and to create an
active press room fully equipped with computer systems,
subscriptions to financial information services, and other
BME and the media. A3 Media’s new TV stand on the trading floor of the stock exchange.
BME’S corporate outlook: management model and relationships with
main market participants
Corporate and Social
Responsibility Report 2013
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