On the Official Journal of the European Union has been published the Commission Implementing Regulation (EU) 2021/955 laying down implementing technical standards for the application of Regulation (EU) 2019/1156 with regard to the forms, templates, procedures and technical arrangements for the publications and notifications of marketing rules, fees and charges, and specifying the information to be communicated for the creation and maintenance of the central database on cross-border marketing of AIFs and UCITS, as well as the forms, templates and procedures for the communication of such information.

On the Official Journal of the European Union has been published the Regulation (EU) 2021/943 of the European Central Bank of 14 May 2021 amending Regulation (EU) 2015/534 on reporting of supervisory financial information.

(only in Italian)

La Covip ha pubblicato la propria Relazione per l’anno 2020, tramite cui intende offrire un quadro dello stato dei settori nei quali esercita la propria attività e rappresentare le modalità e i contenuti più rilevanti dell’azione di vigilanza svolta nell’anno trascorso.

La Relazione analizza le seguenti tematiche:

• l’evoluzione della previdenza complementare;
• i dati relativi ai singoli iscritti;
• l’attività delle COVIP in materia di previdenza complementare;
• i fondi pensione negoziali;
• i fondi pensione aperti;
• i piani individuali pensionistici di tipo assicurativo;
• i fondi pensione preesistenti;
• gli investimenti delle casse di previdenza;
• l’attività di controllo della COVIP sugli investimenti delle casse di previdenza;
• la previdenza complementare in ambito internazionale;
• la gestione interna.

Monte Titoli informs that Service Regulation and Instructions have been amended. The amendments will enter into force on 28 June 2021.

Bank of Italy has published the article entitled ‘Fears for the future: Saving dynamics after the Covid-19 outbreak’.

This note exploits information from the Bank of Italy’s Special Survey of Italian Households to show that desired precautionary saving is associated to higher job uncertainty, perceptions of a more protracted health crisis and greater worries about the risk of a new pandemic occurring in the coming years. Despite the financial difficulties caused by the pandemic have mitigated the saving dynamics of many households, for many other households these precautionary motives have exerted an upward pressure on savings in 2020. Even with the epidemic progressively brought under control, a greater precautionary attitude, arguably reinforced by the ‘scars’ left by the COVID-19 crisis, could slow the decumulation of the savings piled up after the pandemic outbreak, attenuating the pressures from pent-up demand.