Events listed in Italy
DECRETO LEGISLATIVO 7 dicembre 2023, n. 207 : Recepimento della raccomandazione ...
ID 26567
The Legislative Decree of 7 December 2023, No. 207 has been published in the Official Gazette No. 300. The Legislative Decree implements Recommendation ESRB/2011/3 of the European Systemic Risk Board of 22 December 2011 at national level by establishing a Macroprudential Policy Committee as an independent authority. In the recommendation, the ESRB advised member states to designate an authority entrusted with the implementation of ...
DECRETO LEGISLATIVO 6 dicembre 2023, n. 204 che stabilisce un quadro generale per ...
ID 26557
The Official Gazette published Legislative decree of 6 December 2023, n. 204 adapting the provisions of Regulation (EU) 2021/557, which establishes a general framework for securitization and a specific one for simple, transparent and standardized securitizations to support the recovery from the covid-19 crisis. Formal amendments have been made to article 4-septies.2 of the TUF, addressing the competent national authorities and their duties. The ...
PROVVEDIMENTO 12 dicembre 2023 : Disposizioni in materia di obblighi informativi e ...
ID 26424
The Bank of Italy issued Provision of 12 December 2023, published in the Official Gazette on 20 December 2023. It regulates informational and statistical obligations of special purpose vehicles (SPVs) involved in securitisation transactions, in accordance with ECB Regulation (EU) 1075/2013 and replaces the previous Provision of the Bank of Italy of 7 June 2017. The provision establishes a list of securitisation special purpose ...
Modifiche al Regolamento Emittenti relative alle domande di approvazione dei ...
ID 26363
Consob submitted to the market for consultation amendments to the Issuers‘ Regulation concerning the regulation of prospectuses. Consob aims to further simplify the procedural process for submitting approval applications for informational prospectuses related to public offerings of stocks, bonds, investment fund shares and admission to trading on the stock exchange to enhance the Italian financial market’s competitiveness. The context includes both EU and national ...
Delibera n. 22923, adozione del Regolamento sull’emissione e circolazione in ...
ID 26123
On 7 December 2023, Consob published Resolution No. 22923 concerning the adoption of the regulation on the issuance and circulation of financial instruments in digital form, following a public consultation, please also note Event ID#22005. For the issuance of digital financial instruments not traded on a trading venue and therefore not covered by the pilot regime for DLT market infrastructures, the national legislator has ...
Orientamenti EBA sull’utilizzo di soluzioni di onboarding a distanza del ...
ID 26046
The Bank of Italy has updated its Nota n. 32, originally issued on 13 June 2023, as of 28 November 2023. The revision aims to: 1. Extend the application of the EBA Guidelines on the use of Remote Customer Onboarding Solutions under Article 13(1) of Directive (EU) 2015/849 – EBA/GL/2022/15 (eventid=18452) to include supervised institutions not initially covered by them. 2. Set a final ...
Order No. 139 of 23 November 2023
ID 25912
IVASS published Provision No. 139 of 23 November 2023 regarding the determination of the percentage for the calculation of the management charges to be deducted from the insurance premiums collected in 2024 for the calculation of the supervisory fee on insurance and reinsurance. Based on the financial statements of insurance companies for the year 2022, the average impact of management expenses on direct labor ...
Criptovalute sempre più volatili ed esposte al rischio cyber. A settembre 2023 ...
ID 25872
Consob published the second edition of the annual report Emerging trends in sustainable investments and cryptoasset markets. The report provides insights into the performance, risk exposure, and trends in ESG investments, traditional financial markets, bonds, sustainable funds, and the volatile world of crypto-assets, emphasizing the importance of sustainability and cybersecurity in these markets. The high volatility of cryptocurrencies is increasingly recognized as a structu ...
Sandbox Fintech, iniziata la seconda sperimentazione (6 novembre 2023)
ID 25680
The second phase of experimentation for FinTech activities in Italy began on 3 November 2023, and will conclude on 5 December 2023. During this phase, industry operators can apply for admission to the regulatory sandbox, a protected space for testing projects in the banking, financial, and insurance sectors. Participation in the sandbox, as outlined in the Ministry of Economy and Finance’s decree of 30 ...
Reporting obligation pursuant to Art. 11 of Legislative Decree 11/2010. Reporting ...
ID 25559
The Bank of Italy has issued a communication regarding the reporting obligations outlined in Article 11 of Legislative Decree 11/2010. This obligation applies to PSPs and entails providing written notification to the Bank of Italy in the event of suspending refunds due to a justifiable suspicion of fraud. PSPs are required to provide immediate refunds for unauthorized transactions, but they can temporarily suspend refunds ...