in La Zarzuela. The new ministry relocated some of the high-rank officials appointed by the government of Mariano Rajoy with a diplomatic background to ambassadorial posts, including secretaries of State and, most notably, the former foreign minister (Alfonso Dastis) and the prime minister's chief of staff (Jorge Moragas). Borrell decided to reformulate the High Commissioner for the 'Marca España' (Spain Brand), a one-person body functionally dependent directly on the presidency of the Government but organically included within the Foreign Office structure) to the post of Secretary of State for Global Spain. The officeholder responsible for the 'Marca España' appointed by Rajoy, Carlos Espinosa de los Monteros y Bernaldo de Quirós, was replaced by Irene Lozano. In June 2018, Borrell and King Felipe VI made an official visit to the US. Borrell had a meeting with Mike Pompeo, where the Spanish delegation expressed concern over the US protectionist drift; discrepancies were found between the two countries in their approach to migration policies. In September 2018, the Comisión Nacional del Mercado de Valores (CNMV) settled a disciplinary action against Borrell opened in 2017 due to the latter's insider trading in the sale of stocks of Abengoa (whose board of directors Borrell was a member of) in November 2015, sanctioning him with a fine of €. Regarding the negotiations with the United Kingdom on Gibraltar in the context of Brexit, Borrell vowed to prioritise improvement of the living conditions in neighbouring Campo de Gibraltar (he reportedly considered the reality of the "3rd territory with the highest GDP per capita in the World"—Gibraltar—surrounded by "a flatland of underdevelopment"—the Campo de Gibraltar—as something unacceptable). On the other hand, he renounced attempts to include the longstanding bid for sovereignty as an element of the negotiations. Borrell highlighted the fact that this soft approach was the same stance used by his predecessor, Dastis, outlining a continuity in the negotiations with the former government, with the ministry keeping the same negotiating team as before the government change. In November 2018, he signed four MoUs negotiated with the United Kingdom, settling aspects of the future relationship with the British Overseas Territory. Given the aggravation of the political crisis in Nicaragua, in December 2018 Borrell pressed EU High Representative for Foreign Affairs Federica Mogherini for EU-wide involvement in the situation. In May 2019, the Spanish Embassy in Caracas lodged Venezuelan dissident Leopoldo López as a guest following the Venezuelan uprising,