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 [...]
CONSOB suspends the procedure-related terms of the ongoing sanction proceedings and of the proceedings under way at the ACF
Consob, with reference to the measures taken by the Italian Government in recent days to deal with the Coronavirus emergency, decides to suspend: with Resolution no. 21300 of 12 March 2020 (only Italian version) the procedure-related [...]
SHORT SELLING: Temporary ban on several stocks
[Newsflash n. 69] The effect of the coronavirus on the economy is badly affecting also the stock markets and action has been taken by the EU competent authorities to mitigate the amplifying impact of short-selling, [...]
FinTech: consultation on Italian FinTech Sandbox
[Newsflash n. 68] Following to the introduction in Italy of the notion of regulatory sandbox by the Law Decree n. 34/2019 (“Growth Decree”, as modified by the Law n. 58 of 2019), the Italian Ministry [...]
Brexit: transitional period before actual withdrawal
[Newsflash n. 67] After complex negotiations, the EU and the UK agreed on a withdrawal agreement (European Union Withdrawal Agreement Act). The agreement, ratified by both parties, came into force on 31 January 2020 and, [...]
MiFID II: new provisions to supplement the Italian implementing legislation
[Newsflash n. 66] During the period of application of the legislative decree n. 129 of 2017, implementing EU Directive 2014/65/EU (“MiFID II”) and EU Regulation 2014/600/EU (“MiFIR”) in the Italian legal system, national Supervisory Authorities [...]