Bank of Italy implements article 129 of the Italian Banking Act
[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 […]