Our special partner, Salvatore Providenti, has been appointed, by the Italian Minister of Finance, as one of the nine members of the technical Committee that will manage investors’ applications for indemnification claims submitted to the Fondo Indennizzo Risparmiatori (FIR).
The FIR has been established by the Italian Budget Law of 2019 to indemnify investors who have suffered unfair damage […]
The European Securities and Markets Authority (ESMA) has added twenty-five new Q&A on Regulation (EU) 2017/1129 (the ‘Prospectus Regulation’).
In view of the imminent application of the Prospectus Regulation from 21 July 2019, it is worth mentioning the Q&A 1.6, which provides clarification on “Continuing an offer which has initially been made using […]
[Newsflash n. 65]
Further to the set-up of the Fund to indemnify investors who have suffered unfair damage from Italian banks subject to compulsory winding-up between 16 November 2015 and 1 January 2018 (Fondo Indennizzo Risparmiatori, “FIR”) by 2019 Italian Budget Law (see our Newsletter n. 15), the Italian Minister of Finance has appointed […]
[Newsflash n. 64]
On 20 June 2019 Consob submitted to public consultation certain amendments to the relevant secondary Consob Regulation n. 11971/1999 (also “Issuers’ Regulation”) as required to implement the Prospectus Regulation (Regulation (EU) 2017/1129).
Prospectus Regulation (“PR”)
As of 21 July 2019, the Prospectus Regulation (repealing the Prospectus Directive 2003/71/EC) will become applicable in its entirety.
As at today, the following […]
Consob introduced in Italy on a permanent basis – pursuant to Article 42 of the EU Regulation on financial instruments markets (MiFIR) and of art. 7-bis of the Consolidated Law on Finance – intervention measures to protect retail investors similar to those already adopted by the ESMA, the European Authority for Financial Instruments and Markets, […]
CONSOB launched a public consultation on amendments to the regulation relating to crowdfunding for the impementation of the 2019 Budget Law (Law No. 145 of 30 December 2018).
Please click here to review the Consultation Document (in Italian language only)
CONSOB: Modifiche al Regolamento n. 18592 del 26 giugno 2013 sulla raccolta di capitali di rischio […]
Legália is pleased to announce the strategic alliance signed by its special partner Salvatore Providenti with Cintioli & Associati.
This cooperation enables the involved professionals and law firms to provide legal assistance in the most significant deals concerning competition and administrative law as well as financial markets and company law.
See the following press releases (in […]
mercoledì 26 giugno 2019
LE SOCIETA’ DI INVESTIMENTO SEMPLICE (SIS)
Un nuovo modello societario previsto dal Decreto Crescita (art. 27, d.l. n. 34/2019)
Hotel NH Milano Machiavelli
Via Lazzaretto, 5
20124 Milano (MI)
Maurizio Rubini, Of Counsel di Legália, interverrà come relatore al convegno “Le società di investimento semplice (SIS)” avente ad oggetto il nuovo modello societario previsto dall’art. 27 del Decreto legge n. […]
[Newsflash n. 63]
Consob, following its previous resolutions (see our Newsflashes n. 54 and n. 58), continues its strict monitoring on activities concerning crypto-assets addressed to Italian investors.
During the first week of May, Consob published the following Resolutions, where it has reiterated its firm view regarding the dealing in cryptocurrencies, […]
On 17 April 2019, the European Securities and Markets Authority (ESMA) adopted a Decision under Article 40 of Regulation (EU) No 600/2014 to renew the restriction on the marketing, distribution or sale of contracts for differences (CFDs) to retail clients. The Decision renews ESMA Decision (EU) 2018/796 on the same terms as the previous renewal decisions, […]