Bank of Italy has published the following “Occasional Papers”:

Bank of Italy has published “Investigating the determinants of corporate bond credit spreads in the euro area”, the new issue of the series “Markets, infrastructures, payment systems”.

IVASS has published the Order to remove from the RUI intermediaries inoperative for more than three years.

ESMA has launched a Call for Evidence (CfE) on integrating sustainability preferences into suitability assessment and product governance arrangements under the Markets in Financial Instruments Directive (MiFID) II.

The objective of this Call for Evidence is to gather industry feedback that will help better understand the evolution of the market and provide answers as to how firms apply the new MiFID rules on sustainability.

In particular, the Call fo Evidence aims to help ESMA:
  • develop a better understanding of how  MiFID II requirements are being implemented and applied by firms across the Union and the challenges firms face in their application;
  • gain a better understanding of investor experience and reactions to the inclusion of sustainability factors in investment advice and portfolio management services; and
  • collect information, views and data on main trends on aspects related to the provision of sustainable investment products and services to retail clients.

The consultation will end on 15 September 2023.