ISO 27001 Compliance in Madrid

Madrid is Spain's financial capital and home to two of the world's largest banks: Banco Santander (€1.8T in assets, 170M+ customers globally) and BBVA (€760B in assets, operations in 25 countries). CaixaBank — formed by the 2021 merger with Bankia — is Spain's largest domestic bank. The IBEX 35 stock index, traded on Bolsas y Mercados Españoles (BME), lists most major Spanish financial institutions. Spain's Banco de España and CNMV (Comisión Nacional del Mercado de Valores) provide complementary oversight for banks and capital markets respectively, with additional supervision from DGSFP for insurance.

Request a demo
€1.8T
Santander total assets
€760B
BBVA total assets
35
Listed IBEX companies
180,000+
Financial sector employees

Why ISO 27001 matters in Madrid

ISO/IEC 27001:2022 is the international standard for information security management systems (ISMS). With 93 controls across organizational, people, physical, and technological themes, it provides a systematic approach to managing sensitive information. ISO 27001 certification is increasingly a prerequisite for doing business in the EU financial sector.

Santander and BBVA, operating across Latin America, Europe, and the US, face DORA compliance across dozens of subsidiaries with different regulatory regimes — making automated compliance platforms essential rather than optional. Spain transposed NIS2 through the Ley de Coordinación y Gobernanza de la Ciberseguridad in 2024, with INCIBE (National Cybersecurity Institute) handling incident coordination. The CNMV has been increasingly active in digital finance regulation, publishing guidance on cloud outsourcing and algorithmic trading that aligns with DORA. Madrid's thriving FinTech ecosystem — Bizum (mobile payments), Flywire, Aplazame — operates under PSD2 and DORA, requiring compliance automation to scale. The Banco de España's fintech sandbox has accelerated digital innovation while simultaneously raising compliance expectations.

Supervisory Bodies

Banco de España, CNMV, DGSFP

Key Industries

  • Global Banking & G-SIBs
  • Insurance & Asset Management
  • Capital Markets & BME
  • FinTech & Payments

Notable financial institutions in Madrid

Banco SantanderBBVACaixaBankBankinterMapfreMutua MadrileñaBolsas y MercadosBizum

ISO 27001 Key Requirements

Information Security Management System (ISMS) implementation
Risk assessment and treatment methodology (Clause 6.1)
93 Annex A controls across 4 themes (2022 version)
Internal audit program (Clause 9.2)
Management review and leadership commitment (Clause 5)
Continuous improvement via Plan-Do-Check-Act cycle

Related Compliance Terms

ISO 27001ISMS (Information Security Management System)Risk AssessmentAudit TrailGap Analysis (Compliance)Business ContinuityAll terms →

Related Resources

ISO 27001 Framework Overview

Everything about ISO 27001 and how Matproof helps you comply.

ISO 27001 Articles & Guides

Latest articles and guides on ISO 27001 compliance.

Compliance Glossary

All key compliance terms explained — from DORA to TLPT.

Local Partners

Find Matproof partners for compliance consulting in Madrid.