Italian reserved AIFs are opening up to retail investors. An insight on the new conditions laid down in the reform of the Ministerial Decree no. 30/2005. Private banking is boosting the real economy with fresh resources. Interview with Luca Zitiello in the April issue of Wall Street magazine. Read here (Italian only)
Securities and Financial Ombudsman | Ruling 3654/2022 with which the Court of Rome has revoked an injunction issued on the basis of a conviction issued by the Ombudsman represents an important legal precedent and has significant impact on the intermediaries. Our Benedetta Musco Carbonaro has commented the ruling in the business newspaper Il Sole 24 […]
Our Law Firm, represented by our lawyers Benedetta Musco Carbonaro and Andrea Soldini, have won a case having provided assistance in a dispute related to the outcome of a decision of the Securities and Financial Ombudsman (ACF). The ruling accurately reconstructs the instincts of both Securities and Financial, as well as the Banking and Financial […]
MICA | There have been various functional proposals for the amendment of the MiCA Regulation in order for it to be consistent with the new EU rules on environmental sustainability and the text has been submitted to the European Parliament’s careful examination. Our Fabio Coco has shared his insight on the topic in an interview […]
Issuers’ Regulation | In a context of hyperproduction on the part of the European Commission, Consob is proceeding to a revisitation of its own framework. Indeed, on 11 February 2022 Consob has launched a public consultation on the proposed amendments to its Regulation No. 11971 of 14 May 1999 (Issuers’ Regulation) for the adaptation of […]
The Ministerial Decree on the new possibilities of subscribing for reserved AIFs maps out a process that will give shape to a new category of clients in Italy that could be exported to Europe as well. Interview with Luca Zitiello by Lucilla Incorvati in Il Sole 24 Ore’s Private Banking special analysis. Read here (Italian […]
With the new reform that lowers the minimum investment threshold for non-professional clients subscribing for AIFs, the regulator recognizes the existence of a category of clients, the Private Banking ones. This constitutes an important change that will significantly broaden the number of investors thus allowing savings to flow into the real economy at a time […]
What happens with clients that have Russian securities in their portfolios from a legal point of view? Interview by Antonio Criscione with Luca Zitiello in the cover story of Plus24, supplement to the Italian business and finance magazine Il Sole 24 Ore. Read here (Italian only)
In the context of the war in Ukraine, the exclusion of some of the key Russian banks from the SWIFT system could have significant impact not only for Russia, but also for some European countries. A contribution to the topic by Fabio Coco, Lorenzo Macchia and Irene Gusso in the 9 March 2022 issue of […]
The path to the transferability of insurance-based investment products (IBIPs). Interview to Luca Zitiello by Federica Pezzatti in Plus 24 supplement of Il Sole 24 Ore. Read here (Italian only)
