Source/Date Brief descroptions
Bank of Italy

09/11/2018		 The Bank of Italy published the Infostat-FIU instructions

The Bank of Italy published the Instructions for managing permits on the Infostat-FIU portal.

For further information in Italian, click here.
Italian stock market

07/11/2018		 Commodities derivatives: Amendments on the reporting Guide published

Borsa Italiana S.p.A. (Italian Stock market) published, with notice n. 22140, the amendments to the Reporting Manual of commodity derivatives. In particular, the amendments are aimed to incorporate in the reporting fields the clarifications provided by ESMA in its Q&A on MiFID II and MiFIR commodity derivatives topics, with regard to positions limits and positions notification (Q&A No. 10 of March 27, 2018).

For further information in Italian, click here.
Consob

31/10/2018		 Assessment of the information disseminated by listed companies published

Consob published Resolution No. 20649 of October 30, 2018, concerning the "Determination for the year 2018 of the parameters set forth in Article 89-quater of the Issuers' Regulation" which defines the criteria for examining information disseminated by listed companies and listed companies that have Italy as their home member state. The mentioned resolution implements the provisions of Article 89-quater, paragraph 3, of the Issuers' Regulation, which provides that Consob establishes the parameters for identifying the sample of listed companies whose financial documentation must be subjected to control each year.

For further information in Italian, click here.
IVASS

31/10/2018		 Further information on the administrative procedure to authorize the use of MTRT (transitional measures on technical reserves) - IVASS

IVASS published a clarification on the application modalities of the Article 344-decies of the legislative decree dated September 7, 2005, No. 209 (Italian insurance code), concerning the transitional measure on technical reserves (MTRT). In particular, IVASS provided further information on the administrative procedure for authorizing the use of MTRT pursuant to the IVASS Regulation No. 7 of December 2, 2014, with reference to: (i) the administrative procedure; (ii) the application instructions of the standards and the requirements necessary for submitting the application and issuing the authorization; and (iii) the documentation to be attached to the application.

For further information in Italian, click here.
Bank of Italy

26/10/2018		 The Bank of Italy Circular No. 285 – Amendments of the rules concerning the remuneration policies introduced

The Bank of Italy introduced amendments concerning the regulation of the remuneration systems and are mainly aimed to adapting the contents to the EBA Guidelines on remuneration and incentive policies and practices, issued on June 27, 2016 implementing Directive 2013/36/EU (so called CRD IV).

For further information in Italian, click here.
Consob

25/10/2018		 Non Financial information disclosure issued

Consob issued the resolution No. 20644, concerning determination for the year 2018 of the parameters provided for by art. 6 of the regulation adopted with resolution No. 20267 of January 18, 2018.

For further information and material in Italian, click here.
Bank of Italy

20/10/2018		 The Bank of Italy published its Circular No. 285 on real estate investments rules

The Bank of Italy published amendments to its circular No. 285 dated December 17, 2013, with specific reference to the rules concerning the investments of the banks in real estate assets.

Further information in Italian at the following links: link + link.
Bank of Italy

11/10/2018		 Payment services – repeal of the Bank of Italy Provision

Repeal of the Bank of Italy Provision dated July 5, 2011 "Implementation of Title II of Legislative Decree no. 11 dated January 27, 2010 on payment services (Rights and obligations of the parties)".

Click here for the repealed provision of the Bank of Italy in Italian.
Bank of Italy

11/10/2018		 Payment services – Regulations on interbank fees – Notifications obligations

The Bank of Italy issued provisions concerning Implementation of Title IV, Chapter I, of Legislative Decree no. 11 dated January 27, 2010, concerning to payment services.

For further information in Italian, click here.
Bank of Italy

11/10/2018		 Payment services – PSD 2 – Notifications obligations

The Bank of Italy issued the provisions implementing article 2, paragraph 4-bis, of the legislative decree n. 11 dated January 27, 2010 concerning payment services.

For further information in Italian, click here.
Italian Ministry of Economy

10/10/2018		 Ministry of Economy Decree – NPLs Italian guarantee securitization scheme

The Italian Ministry of Economy issued a decree concerning the extension of the Italian guarantee scheme for the securitization of non-performing loans.

For further information in Italian, click here.
Consob

10/10/2018		 Consob Issuers Regulation – Italian listed companies classified as SME

Consob issued Resolution No. 20621 concerning the amendments to the Regulation on Issuers implementing the Legislative Decree of February 24, 1998, n. 58, with particular reference to Italian listed companies classified as SME.

Further information in Italian at the following links: link + link
IVASS

10/10/2018		 Insurance distribution – pre-contractual information document (i.e. D.I.P.)

IVASS issued clarifications on the drafting modalities of the pre-contractual Information Documents (i.e. D.I.P.)

For further information in Italian, click here.
Bank of Italy

09/10/2018		 The Bank of Italy published a new version of the reporting manual

The Bank of Italy published version no. 1.7 of the Reporting Manual regarding the "Detection of granular data on credit Information concerning the use of the AnaCredit platform".

For further information in Italian, click here.

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