Italy - Brexit: Webpages of the Italian supervisory Authority on Brexit
15 Mar 2019
United Kingdom
1 min read
Should the Withdrawal Agreement not be ratified, a cliff-edge scenario in the relationship between EU-UK would take place starting from 29 March. The main consequence for UK-based financial institutions would be that the single passport would cease to apply.
European and Italian authorities and institutions are working to ensure adequate preparation for the Hard Brexit scenario. In this light, the Bank of Italy has set up a webpage providing information on Brexit for both the public and financial intermediaries.
Same approach has been adopted by:
- IVASS for insurance sector
- CONSOB for financial service sector
