Delibera n. 22728, determinazione per l’anno 2023 dei parametri previsti dall’art. 89-quater del regolamento n. 11971/1999 e successive modifiche Data di pubblicazione: 09/06/2023 Data di adozione: 08/06/2023

The Consob has released Resolution No. 22728. It pertains to the parameters for the year 2023 as specified in Article 89-quater of the Issuers Regulation and subsequent amendments, and outlines the criteria for monitoring and controlling information disclosed by listed companies and issuers in Italy.
The determination considers various factors such as financial data, reports from control bodies and auditors, trading activity, and significant information received from relevant authorities.
It also takes into account the impact of macroeconomic conditions, the Russian-Ukrainian conflict, and climate change issues on the financial information provided by listed companies.
The determination aims to identify the listed companies that will be subject to financial information control in the year 2023 based on these parameters.
Additionally, the determination introduces additional criteria, including the presence of inspections by the regulatory authority (Consob), ongoing investigations with legal implications, and significant extraordinary transactions that may have market relevance.
The inclusion of companies in the control list is influenced by the severity and signaling value of these events and circumstances.