Fintech Decree | Legislative Decree n. 25 of 17 March 2023 marks a fundamental passage on the path towards the digitization of financial markets. Among the many novelties, it includes the creation of a distributed register and the insertion of digital assets in the official list of financial instruments. What are the possible consequences on […]
Webinar – Il Sole 24 Ore – The phenomenon of scams related to online trading continues to skyrocket. Our Fabio Coco illustrated that, faced with the promise of fast money without any hassle, it is impossible to distinguish financial investments from actual gambling. In this regard, ongoing collaboration between the Italian Competition Authority and the […]
Our Salaried partner Lorenzo Macchia has outlined the latest guidelines provided by Bank of Italy regarding prospects on climate and environmental risks in the March issue of Fondi & Sicav magazine. Read here (Italian only)
ESG | The new ESMA suitability guidelines confirm the importance of the client’s choices concerning ESG preferences. An update of the client’s profile pursuant to detailed ESMA guidelines has become necessary. Moreover, the Guidelines contain important guidance as to how said preferences must be assessed. Our Ludovica D’Ostuni has analyzed these and other news for […]
The joint liability of the intermediary with the financial advisor is undisputed, pursuant to the Italian Consolidated Law on Finance. However, as stated in a recent ruling brought by the Italian Supreme Court, the client’s liability can also be ascertained should relevant anomalies be detected. Our Paolo Francesco Bruno has provided further analysis on the […]
The Court of Justice of the EU has recently ruled against the public use of the Registry of Beneficial Owners, an important instrument in the fight against money laundering, finding that it violates fundamental rights such as respect for private life and to the protection of personal data, enshrined in the Charter of Fundamental Rights […]
The role of financial creditors in the negotiated settlement of business crises: the obligation to participate, regulatory and accounting aspects, case law and proposal guidelines on business turnaround. An article about an important topical issue by our Eugenio Bissocoli and Alessandro Turchi, published in the December issue of Ristrutturazioni Aziendali. Read here (Italian only)
Where are we on the intricate EU regulatory framework on sustainable finance? Which are the most crucial deadlines and obligations, and what is yet to establish? Our Ludovica D’Ostuni, along with Alessandro Asmundo of Forum per la finanza sostenibile, has discussed the matter with Rita Annunziata analyzing the ESG policies roadmap, and more specifically, the […]
Consob has integrated the national laws on pre-marketing of reserved AIFs by issuing amendments to the Regulation concerning the discipline of issuers, more specifically, to the implementation of the Cross-border distribution of funds package. Our Lorenzo Macchia has shared his insight on the matter in the November issue of Fondi & Sicav magazine. Read here […]
Having regard to a recent controversial judgement, our Francesco Mocci and Francesca La Croix have analyzed the importance that is attributed to the decisions issued by the Banking and Financial Ombudsman (ABF) and the Securities and Financial Ombudsman (ACF) in legal proceedings. Read more on the following link (Italian only)
