Events listed in Italy
Compliance with Guidelines on standard forms, formats and templates to apply for ...
ID 23131
The Bank of Italy and Consob have adopted ESMA’s Guidelines on standard forms, formats and templates to apply for permission to operate a DLT market infrastructure (ESMA70-460-213) into their supervisory practices. The Bank of Italy and Consob are complying with guidelines issued by the ESMA 8 March 2023, regarding the standard forms, formats, and templates for applying for permission **to operate a distributed ledger ...
Prestiti obbligazionari convertibili (Poc) non standard – Via libera della ...
ID 23108
Consob has issued Communication n. 1/2023 aimed at improving transparency for shareholders and the market during capital-raising operations that are reserved for a single investor. The communication updates and clarifies information obligations for issuers in the case of raising capital through Poc, as well as providing guidelines for reserved capital increases such as Seda and Sef, which were previously covered by two separate Consob ...
A Risk Dashboard for the Italian insurance sector
ID 23102
The IVASS has published „Quaderno n.26 – A Risk Dashboard for the Italian insurance sector“, which presents the general characteristics of the risk dashboard as a macroprudential supervision tool which collects indicators of risks for the financial sector, and explains why it could be useful for monitoring specific risks in the insurance sector. The paper contains a brief description of two risk dashboards at ...
Istruzioni di Banca d’Italia, COVIP, IVASS e MEF per l’esercizio di ...
ID 23052
The Bank of Italy, COVIP, IVASS, and MEF have launched a public consultation on a draft instruction document for carrying out enhanced checks on the activities of a wide range of intermediaries to counter the financing of companies involved in the production and marketing of anti-personnel mines, cluster munitions and submunitions, in accordance with the provisions of the Law of 9 December 2021, n. ...
Pubblicati il Rapporto Consob 2022 sulla Corporate Governance e gli interventi del ...
ID 23042
Consob published the 2022 Report on corporate governance of Italian listed companies. The eleventh edition of the report provides updated evidence on ownership structure, corporate boards, annual general meetings, and related party transactions. It also examines the engagement policies adopted by companies in the FTSE MIB Index at the end of 2022 and the interest expressed by shareholders on ESG issues during the 2018 ...
„La mappatura dei prodotti finanziari nella prospettiva della tutela del ...
ID 23025
The legal Consob journal Quaderno giuridico n. 28 discusses the mapping of financial products within the MiFID adequacy rule for the protection of investors. While the EU legislature and literature have mainly focused on customer profiling, product mapping has been left to the diligence of service providers. The MIFID II directive on investment services has strengthened safeguards for investors who invest in financial instruments ...
Workshop „Nuovi scenari AML – La Banca d’Italia incontra il ...
ID 22881
The Bank of Italy reported on the outcomes of the workshop „New AML Scenarios – The Bank of Italy Meets the Market.“ Representatives from the Bank of Italy, Financial Intelligence Unit, and financial industry gathered to discuss the challenges posed by developments in Anti-Money Laundering policies, risks, and supervision. The discussions were based on the evolution of the AML regulatory framework and institutional convergence ...
The challenge of sustainability: ecological transition and public finance
ID 22871
Instituto per la Vigilanza sulle Assicurazioni (IVASS) has published a speech by Luigi Federico Signorini, General Director of the Bank of Italy, on ’The Challenge of Sustainability: Ecological Transition and Public Finance’ at the opening of the Italian Banking Association’s (ABI) Advanced Training Course. In this speech, Luigi Federico Signorini focused on **two key issues, namely the environment and public finance, and how they ...
DECRETO 12 aprile 2023 : Approvazione delle specifiche tecniche del formato ...
ID 22870
The decree of 12 april 2023, which approves amendments to the technical specifications of the electronic format for the single communication of companies was published in the Italian Official Gazette, Gazzetta Ufficiale. This decree specifically addresses the Register on Effective Ownership, as required by Article 21 of Legislative Decree No. 231/2007, which pertains to the Italian Anti-Money Laundering Decree. The concept of the Effective ...
Guidelines on revolving credit
ID 22863
The Bank of Italy has released Supervisory Guidelines on Revolving Credit, with the aim of drawing banks‘ attention to the main issues in this sector in terms of focusing on customer relations and fair practices for consumers. The Bank of Italy has identified inconsistencies in interpreting certain regulatory provisions, governance and product control issues, weaknesses in the offering and placement of revolving credit, and ...