BME receives National Security Scheme certification for its RENADE service

• Obtaining this certification in its highest category provides a regulatory control framework to optimise the management of processes and the protection of information.
• Iberclear has been managing RENADE, the National Registry of Greenhouse Gas Emission Allowances, since 2005.

Iberclear, the Spanish central securities depository, has recently received the National Security Scheme (ENS) certification for the National Registry of Greenhouse Gas Emission Allowances (RENADE) service in its highest category.  The certification in the new ENS is an added value in terms of information security.

The ENS is a regulation applicable to the entire public sector that includes private law entities linked to or dependent on public administrations, as is the case of Iberclear for exclusively its RENADE service, which it has been managing since 2005.

Obtaining this certification provides Iberclear-RENADE with a regulatory control framework that allows it to optimise process management and protection against internal and external threats while safeguarding its main asset: information.

This regulation offers a common framework of basic principles, requirements and security measures for adequate protection of information, as regulated in Royal Decree 311/2022, of 3 May, which regulates the National Security Scheme in the field of Electronic Administration, in compliance with the provisions of Law 39/2015, of 1 October, on the Common Administrative Procedure of Public Administrations, with the aim of establishing a security policy in the use of electronic media, consisting of minimum requirements that allow adequate protection of information.

RENADE allows for the accurate accounting of the issue, ownership, transfer and cancellation of emission allowances and units defined within the scope of the Kyoto Protocol. The management of this registry, attached to the Ministry for Ecological Transition and Demographic Challenge, has been entrusted to Iberclear since 2005. In mid-2012, a migration process was carried out from each National Registry to a Single European Union Registry, within which Iberclear performs the functions of National Administrator of the Spanish Area. The Spanish central securities depository, which belongs to BME, works closely with the Spanish Office for Climate Change, the Autonomous Communities and the 2,000 users of the Register.

For more information on RENADE, click here.