Spain's Supreme Court lifted national arrest warrants for Carles Puigdemont in early October 2026 after the Constitutional Court extended the 2024 amnesty law to cover embezzlement charges tied to the 2017 independence referendum, removing the main legal barrier to his return from Belgium. His lawyer and associates have signaled a deliberate delay, with Puigdemont avoiding any return during the heated campaign ahead of Spain's snap general election on November 29 to prevent politicizing the moment. Allies like Toni Comín and Lluís Puig have begun returning for parliamentary duties, highlighting the uneven pace of reintegration. Traders should watch for final case closure by the Supreme Court and any post-election statements, as the timing remains fluid despite the cleared path.