Bank of Italy implements article 129 of the Italian Banking Act

By | ottobre 1st, 2015|Capital Markets, Finance, Newsletter, Regolamentazione Finanziaria e Servizi Pagamento|

[Newsletter n. 1]

 

The Italian financial market still remembers December 2006, when article 129 of Legislative Decree no. 385 of 1 September 1993 (“TUB” – Consolidated Banking Act) was amended by repealing the pre-vetting power of the Bank of Italy on any sale and offering of financial products in Italy. Nine years later, the 129 is […]