Source/Date Brief description

Consob and OCF

10/08/2018

Consob and OCF jointly published the following documents

  • Press release concerning the Memorandum of understanding between Consob and Supervisory Body and keeping of the single register of financial advisors (OCF);
  • Memorandum of Understanding between Consob and OCF - Publication of the provisions of external relevance of the OCF. Major events and events to be disclosed to Consob.

For further information in Italian click at followings links: here and here

Italian Government

08/08/2018

The Italian Government approved the legislative decree concerning implementation measures related to (EU) Regulation no. 596/2014 on Market Abuse

For further information in Italian click here

IVASS

02/08/2018

Istituto per la Vigilanza sulle Assicurazioni (IVASS) published the consultation paper no. 8/2018 concerning a scheme containing the criteria for calculating costs and any exemptions for the definition of compensation between insurance companies in the context of direct compensation.

For further information in Italian click here

IVASS

02/08/2018

IVASS published the following regulations and results of public consultations in the context of IDD implementation in Italy

  • IVASS Regulation no. 39/2018 concerning the procedure for the application of administrative sanctions;
  • IVASS Regulation no. 40/2018 concerning on insurance and re-insurance distribution;
  • IVASS Regulation no. 41/2018 disclosure, advertising and creation of insurance products matters.

For further information in Italian click at followings links: here and here, and here

 

Bank of Italy

31/07/2018

The Bank of Italy published a consultation paper concerning specific provisions concerning utilization and retention of data and information on anti-money laundering terrorism financing

For further information in Italian click here

Italian Government

25/07/2018

The Italian Government issued the law decree no. 91 concerning the postponement of application term established by the new provisions of cooperative banking groups.

For further information in Italian click here

Ministry of Economy and Finance

24/07/2018

The Ministry of Economy and Finance published a consultation paper for the implementation of Directive (EU) 2016/2341 of the European Parliament and of the Council of December  14,  2016 on the activities and supervision of institutions for occupational retirement provision

For further information in Italian click here

Bank of Italy 

11/07/2018

The Bank of Italy published a consultation paper on the amendments to the Provision of May 17, 2016 "Supervisory Provisions for Payment Institutions and Electronic Money Institutions" in order to implement the changes introduced with the implementation of the Directive (EU) 2015/2366 on payment services in the internal market ("PSD2").

For further information in Italian click here

Bank of Italy 

11/07/2018

The Bank of Italy published a consultation paper on the amendments to the Provision of July 29, 2009 containing provisions concerning "Transparency of transactions and banking and financial services Correctness of relations between intermediaries and customers", in order to align the national framework with the European regulatory framework.

For further information in Italian click here

FIU

11/07/2018

The Bank of Italy Financial Information Unit (FIU) published a consultation paper relating to the Anti-money laundering regulatory framework

The Bank of Italy Financial Information Unit published a consultation paper related the instructions on objective communications, implementing Article 47 of Legislative Decree no. n. 231/2007. 

For further information in Italian click here

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