BRIEFING NOTE ON THE ENTRY INTO LIQUIDATION OF THE ENTITY “MONTEPÍO DE TELÉFONOS, MUTUALIDAD DE PROVISIÓN SOCIAL”
BRIEFING NOTE ON THE ENTRY INTO LIQUIDATION OF THE ENTITY “MONTEPÍO DE TELÉFONOS, MUTUALIDAD DE PROVISIÓN SOCIAL”
BRIEFING NOTE ON THE ENTRY INTO LIQUIDATION OF THE ENTITY “MONTEPÍO DE TELÉFONOS, MUTUALIDAD DE PROVISIÓN SOCIAL”05/06/2025
By Order ECM/545/2025 of 9 May 2025 (Official State Gazette No. 130 of 30 May), the administrative authorisation for the insurance activity of Montepío de Teléfonos, Mutualidad de Previsión Social (MONTEPÍO DE TELÉFONOS) was revoked and its liquidation was entrusted to Consorcio de Compensación de Seguros (CCS). The entity's General Assembly, held on 28 February 2025, had agreed to its voluntary dissolution and, previously, the General Assembly held on 11 December 2024, agreed to the early expiry of the insurance guarantees with effect from 31 December 2024.