UCITS V: implementation in Italy
[Newsflash n. 30] After the implementation at primary legislation level through the amendment of the Italian Financial Act by Legislative Decree no. 71/2016, on 27 April 2017 CONSOB approved the amendments to “CONSOB Regulation [...]
MAR: implementation in Italy and consultation on CONSOB Handbooks
[Newsletter n. 7] On 6 April 2017 CONSOB published the required amendments to CONSOB Regulations on issuers (11971/1999), markets (16191/2007) and related party transactions (17221/2010) implementing the Market Abuse Regulation (EU Regulation No. 596/2014, [...]
CONSOB: Q&As on public distribution on multilateral trading venues
[Newsflash n. 29] On 13 April 2017, CONSOB published some clarifications, in the form of Q&As, to the Recommendation n. 0092492 of 18 October 2016 (“Recommendation”) on the distribution of financial instruments through a [...]
Bank of Italy on unilateral amendment to contracts
[Newsflash n. 28] On 11 April 2017, Bank of Italy published a new communication to the market (dated 28 March 2017) regarding unilateral amendment of terms in banking and financial contracts with continuous or periodic [...]
ESAs consult on PSPs’ obligations for the prevention of Money Laundering and Terrorist Financing
[Newsflash n. 27] On 5 April 2017 the Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA – “ESAs”) launched a public consultation on the Draft Joint Guidelines (“Draft Guidelines”) under [...]
ESMA updates MiFID II/MiFIR Investor Protection Q&As
The European Securities and Markets Authority (ESMA) has added 10 new Q&As to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation [...]