The Ministry of Finance Decree No. 100 of 30 April 2021 regulating the operations and powers of the FinTech Committee, the steering committee set up at the Ministry of the Economy and Finance, and the conditions and procedures for conducting experiments in Italy in the field of techno-finance (FinTech), has come into force. 

ESMA has issued a Public Statement on the prospectus disclosure and investor protection issues raised by special purpose acquisition companies (SPACs).

The statement sets out ESMA’s expectations on how issuers should satisfy the specific disclosure requirements of the Prospectus Regulation to enhance the comprehensibility and comparability of SPAC prospectuses. This should help to ensure that […]

ESMA has launched a public consultation on its draft Guidelines for derivatives reporting under EMIR.  

The Consultation Paper includes draft Guidelines on a wide range of topics related to reporting, data quality and data access under EMIR Refit. ESMA has also published validation rules that clarify dependencies between data fields, as well as their […]

ESMA has launched seven public consultations to gather stakeholder feedback on how to implement its central counterparty (CCP) recovery mandates.

The seven consultation papers contain, among others, proposals for Draft Regulatory Technical Standards (RTS) on the methodology for calculation and maintenance of the additional amount of pre-funded dedicated own resources, Guidelines on the consistent application […]

(Only in Italian)

La Consob ha approvato le seguenti modifiche al Regolamento dei mercati organizzati e gestiti da Borsa Italiana S.p.A. approvate dal Consiglio di Amministrazione della società il 10 giugno scorso:

• MTA, MIV (Mercato degli investment vehicles) e MOT: integrazione della disciplina in tema di distribuzione sul mercato;
• MTA, MIV e MOT: disciplina del […]
  

Consob has ordered the blackout of 3 new websites that abusively offer financial services:

• Lexis Solution LTD e “Ventera Group”(website https://venteragroup.com and https://clientzone.venteragroup.com);
• Donnybrook Consulting Ltd (website www.optimarket.cc);
• Scintilla Enterprise Ltd (website https://solidstocks.co and https://client.solidstocks.co).

The number of websites blacked out since July 2019 has thus risen to 485.