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Financial regulatory news – Italy

The second issue of our newsletter focuses on some recent developments that have affected different areas of the EU and Italian regulatory framework over the last few months. ...more

Statutory penalty interest at 8%: the latest relevant jurisprudential trends in Italy

In the specific case submitted for its consideration, the Court of Florence established the following question of law: "whether a judge, who is asked generically to order the defendant to pay interest, without any other...more

Temporary post-Brexit regime for UK entities operating in Italy

Article 22 of Law Decree No. 183 of 31 December 2020 (the so-called “Milleproroghe Decree”) allows certain regulated firms based in the United Kingdom to continue operating in Italy for six months post-Brexit to a limited...more

Covered Bonds: the new provisions of the Bank of Italy

On 1 October 2018, the amendment no. 23 of 25 September 2018 to the Circular no. 285 of 17 December 2013 (Disposizioni di vigilanza per le banche) (Circular no. 285) entered into force, which revises the rules regar?ding...more

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