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CMS Italy Newsletter | 07 Oct 2014

Credit financing by Italian insurance companies

07/10/2014

Introduction

On 24 June 2014 the Legislative Decree no. 91 (hereinafter, “L.D. 91/2014” or, the “Competitiveness Decree”) entered into force.

The Competitiveness Decree, amended by Law no. 116 of 11 August 2014, introduces, inter alia, important measures allowing the insurance companies to grant credit, consequently determining the amendment of the Legislative Decree n. 209 of 7 September 2005 (hereinafter, the “Insurance Code”) and of the Legislative Decree n. 385 of 1 September 1993 (hereinafter, the “Banking Code”).

Publication
Credit financing by Italian insurance companies
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Authors

Picture of Paolo Scarduelli
Paolo Scarduelli
Partner
Milan
Picture of Nicolo dElia
Nicolò d'Elia
Counsel
Milan