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28/07/2021
FinTech Com­mit­tee: di­git­al ex­per­i­ment­a­tion in the bank­ing, fin­ance and...
28/07/2021
In­ter­im meas­ures in Italy
1. Ap­plic­able Law 1.1.1 In­ter­im meas­ures are mainly gov­erned by the Itali­an Civil Pro­ced­ure Code (CPC) and the Itali­an Civil Code (CC). In or­der to de­term­ine wheth­er pro­vi­sions oth­er than the CPC are...
28/07/2021
Pub­lic pro­cure­ment reg­u­la­tion and law in Italy
Oc­to­ber 2018As a pre­lim­in­ary re­mark, please note that the pub­lic pro­cure­ment sys­tem in Italy is reg­u­lated by:The Code of Pub­lic Con­tracts (Le­gis­lat­ive de­cree n. 50/2016) – here­in­after the “Code”;ANAC...
26/07/2021
European Com­mis­sion ap­proves amend­ments to Flem­ish aid schemes for start-ups,...
On 5 Ju­ly 2021, the European Com­mis­sion cleared new amend­ments to two ex­ist­ing Flem­ish aid schemes that were ap­proved in 2020 un­der sec­tions 3.1 and 3.3 of the Tem­por­ary Frame­work for State aid meas­ures...
23/07/2021
Fit for 55: A new cli­mate pack­age
On 14 Ju­ly 2021, the European Com­mis­sion pub­lished the largest le­gis­lat­ive pack­age re­lated to the cli­mate and en­ergy: “Fit for 55”. The main as­sump­tion of the new pack­age is a re­duc­tion of 55% in...
23/07/2021
GDPR 3 years on – The greatest hits (and misses)
More than three years have passed since the GDPR ap­plied and a lot has happened in the world of data pro­tec­tion dur­ing that time – fines, class ac­tions, court chal­lenges and more. We give our “playl­ist”...
16/07/2021
Data pro­tec­tion up­date: latest de­vel­op­ments on EU and UK trans­fers
Back­ground On 28 June 2021, the European Com­mis­sion is­sued two EU ad­equacy de­cisions fi­nally bring­ing to an end the un­cer­tainty over wheth­er trans­fers of per­son­al data from the EU to the UK could con­tin­ue...
16/07/2021
Re­struc­tur­ing plan and res­cue aid for TAR­OM: European Com­mis­sion opens...
The European Com­mis­sion de­cided on 5 Ju­ly 2021 to open an in-depth in­vest­ig­a­tion in­to the re­struc­tur­ing plan of the air­line TAR­OM no­ti­fied by Ro­mania in May 2021, as well as in­to the EUR 190 mil­lion aid...
15/07/2021
European Com­mis­sion pub­lished drafts of the re­vised Ver­tic­al Block Ex­emp­tion...
On 9 Ju­ly, the European Com­mis­sion pub­lished its draft re­vised Ver­tic­al Block Ex­emp­tion Reg­u­la­tion (VBER) and the cor­res­pond­ing Ver­tic­al Guidelines. The VBER con­cerns ver­tic­al agree­ments, which are agree­ments...
15/07/2021
New EU Stand­ard Con­trac­tu­al Clauses: 10 things to know and im­plic­a­tions...
Last month, the EU Com­mis­sion pub­lished the new stand­ard con­trac­tu­al clauses for the trans­fer of per­son­al data from the EU (the “New EU SCCs”). The New EU SCCs will re­place the pre­vi­ous stand­ard con­trac­tu­al...
15/07/2021
COV­ID-19: The European Com­mis­sion ap­proves a fifth aid to Al­it­alia
On 2 Ju­ly 2021, the European Com­mis­sion au­thor­ised Itali­an aid of EUR 39.7 mil­lion for Al­it­alia. This aid meas­ure is in­ten­ded to com­pensate Al­it­alia for the dam­age suffered on cer­tain routes caused by...
14/07/2021
Simple in­vest­ment com­pan­ies: new joint Bank of Italy-Con­sob su­per­vis­ory...
On Ju­ly 6, 2021, the Bank of Italy is­sued the new su­per­vis­ory guidelines (here­in­after, the "Guidelines") re­gard­ing the “simple in­vest­ment com­pan­ies” (here­in­after, "SiS").In a nut­shell, SiS are fund...