Delibera n. 22721, modifiche al Regolamento di attuazione dell’art. 32-ter, comma 2, del decreto legislativo 24 febbraio 1998, n. 58, concernente l’Arbitro per le Controversie Finanziari (ACF) Data di pubblicazione: 01/06/2023 Data di adozione: 01/06/2023

Concurrently to Resolution Consob No. 22720 (see Event 21655), Consob Resolution No. 22721 of 1 June 2023 was published, introducing modifications to the implementing regulation of Article 32-ter, paragraph 2, of the TUF, which concerns the Financial Dispute Arbitrator (ACF).
The modifications aim to confirm the ACF’s jurisdiction over disputes between investors and crowdfunding service providers.
This confirmation became necessary due to the repeal of Article 50-quinquies of the TUF, which occurred during the implementation of Regulation (EU) 2020/1503 through Legislative Decree No. 30 of 10 March 2023.
The new rules outlined in the aforementioned Resolution came into effect on 11 June, the day following its publication in the Official Gazette of the Italian Republic.