Legal

Legal notice and terms of use

Last updated: 27 September 2026. In the event of any discrepancy, the Spanish version prevails.

1. Owner

The website torresmolinacapital.com is owned by Juan Torres-Molina Cascallana, who publishes it under the name “Torres Molina Capital”. Contact: info@torresmolinacapital.com.

2. Nature of the website

All content on this website — research, theses, the daily letter and any other publication — is for information, educational and general purposes only. In particular:

• It is not investment, tax or legal advice, nor a personal recommendation.
• It is not an offer, invitation or solicitation to buy, sell or subscribe to any financial instrument, crypto-asset, product or service.
• This website does not offer, promote or market investment products or services, nor collective investment vehicles.
• The owner does not claim to be authorised or registered as a supervised entity with the Spanish National Securities Market Commission (CNMV), the Bank of Spain or any other supervisor, and the informational activity of this website is not subject to their supervision.

3. Research and daily letter

Publications reflect the author's personal opinions at the date of each one, based on public sources believed to be reliable but whose accuracy and completeness are not guaranteed. They may change without notice and will not necessarily be updated. They do not take into account the objectives, financial situation or risk profile of any reader: any investment decision is the sole responsibility of whoever makes it.

Conflicts of interest. The author invests on his own account and may hold, buy or sell positions in the assets he analyses, before or after publication. Opinions are personal and do not represent any institution the author works or has worked for.

Artificial intelligence. Part of the source-gathering and drafting process relies on artificial intelligence tools. The daily letter is generated with artificial intelligence from market data and public sources, and says so.

4. Risks

• Investing involves risk, including the total loss of the capital invested.
• Crypto-assets and derivatives are extremely volatile, their liquidity may disappear and they are generally not covered by investor guarantee or compensation schemes.
• Past performance is no guarantee of future results. Any figure, chart or example is for illustration only.

5. Subscription

Subscribing to the daily letter is free and only requires an email address. It gives access to the letter and its archive and can be cancelled at any time by writing to info@torresmolinacapital.com. The owner may modify or discontinue the service. Data processing is explained in the privacy policy.

6. Intellectual property

The texts, charts and designs on this website belong to the owner or to third parties who have authorised their use. Short excerpts may be quoted with attribution and a link to the original publication. Full reproduction or commercial use requires permission.

7. Liability

The owner does not guarantee uninterrupted availability or the absence of errors and, to the extent permitted by law, accepts no liability for decisions taken on the basis of the information published or for the content of linked third-party websites.

8. Governing law

This notice is governed by Spanish law. Disputes will be submitted to the courts that are competent under applicable law.