PRIIPs: Consob consultation on new data exchange requirements for KIDs
[Newsflash n. 71] Following the abrogation of Article 4-decies of Legislative Decree no. 58/1998 (Consolidated Finance Act, TUF) and the consequent repeal of the obligation of prior notification to Consob of PRIIPs KID (see our [...]
MONTE TITOLI: new direct payment service for covered warrants and certificates
Market Notice of 15 June 2020: amendments to Instructions for the CSD Service and for the Settlement Service and related instrumental activities. Instructions of the CSD Service have been amended to introduce the possibility for [...]
Enhanced Transparency: CONSOB introduces new rules on disclosure of significant shareholdings and “declaration of intentions”.
Consob has adopted two measures (Resolutions n. 21326 of 9 April 2020 and n. 21327 of 9 April 2020 only Italian version) which, in the context of the new powers given to the Authority by the "Business Decree" [...]
CONSOB suspends the deadline for the payment of supervisory contributions and extends the suspension of all the terms of the proceedings under way at the ACF
Consob, taking into account the epidemiological emergency from Covid-19, decides to: suspend until May 15, 2020 the deadline, already set for April 15, for the payment of supervisory contributions for 2020 due by Italian and [...]
CONSOB: 3 months ban to short selling on the entire stock exchange list and enhanced transparency
[Newsflash n. 70] Due to the strong market turbulences triggered in the last days by the Covid-19 pandemic, Consob has introduced a prohibition of net short positions (short selling and other bearish operations) for three [...]
CONSOB renews the prohibition of short selling for 20 Italian shares on 17 March 2020
Consob, with Resolution no. 21302, has decided to renew the prohibition of short selling in 20 Italian shares pursuant to Article 23 of Regulation (UE) no. 236/2012. The restriction will apply for the entire trading day of 17 March [...]