The two major structural elements of the Iberian Chains, the Datos and Jarque thrust faults, have been described as occurring in proximity in the area around the village of Codos. The purported Jarque fault corresponds to the axial plane of an anticline known as the Codos anticline, which exposes the oldest stratigraphic unit in this area, i.e. the Codos Bed, a limestone bed bearing skeletal fossils of putative Ediacaran or earliest Cambrian age. Details of the geology of the area and the age of the known fossils are poorly understood or not universally agreed upon. New investigations in the anticline revealed the presence of a normal fault, introduced as the Codos fault, which cross-cuts the course of the alleged Jarque fault. The vertical displacement along the axial plane of the anticline appears to be insignificant, challenging the traditional interpretation of the plane as an equivalent of the Jarque thrust fault. Reinvestigation of the Codos Bed revealed previously unknown skeletal fossils of early Cambrian age, confirming notions that the bed is younger than traditionally assumed. In particular, two helcionelloid molluscs, Anabarella cf. plana and Igorella? sp., allow correlations with Terreneuvian strata of central Spain (Pusa and Fuentepizzara formations) and support previously suggested connections with the Heraultia Limestone of southern France. Former identification of the terminal Ediacaran index-fossil Cloudina in the bed is erroneous. Consequently, the Ediacaran–Cambrian boundary in the Iberian Chains, which has been placed at the top of the formation overlying the Codos Bed, is stratigraphically distinctly lower.