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Newsletter 15 Jun 2015 · Italy

CMS Italy Newsletter | 15 June 2015

Financial companies: the reform process is completed

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The implementing provisions of the Ministry of Economics and Finance and the Bank of Italy have been published.

The enactment of Decree of the Ministry of Economy and Finance no. 53 of April 2, 2015 (published in the Official Gazette no. 105 of 8 May 2015, hereinafter the “MEF Decree”) and the Circular of the Bank of Italy no. 288 of April 3, 2015, containing the Supervisory Instructions for Financial companies (published in the Official Gazette no. 134 of 12 June 2015, hereinafter the “Supervisory Instructions”) completed the reform of the rules governing the activities of financial companie , which began with Legislative Decree no. 141 of 2010.

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Financial companies: the reform process is completed
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