[Newsflash n. 33]
Today, 31 May 2017, ESMA has published an opinion (ESMA 42-110-433) setting out general principles aimed at supporting supervisory convergence in response to the increased requests from UK financial market participants seeking to relocate to the 27 Member States that will remain in the EU (EU27), in order to continue to benefit from access to […]
[Newsflash n. 32]
From day one after Brexit, rumours have been spreading throughout Europe about which city, if any, will become the new financial centre after London. In this race, Italy has been consistently left aside during mainly on the grounds of unfavourable taxation and employment system. For this reason, a timely reaction was strongly desired […]
[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, “MAR”) and its related delegated acts.
The amendments have been issued following an intense work of the Regulator which elaborated the 21 […]
On 14 March 2017, the European Parliament has voted its report on the revised Shareholders’ rights directive. The final adoption step will take place in the European Council shortly. The directive will enter into force two years after its publication in the official journal.
Why did the Commission revise the Shareholders’ Rights Directive?
The financial […]
[Newsflash n. 18]
On 14 November 2016 the European Central Bank (“ECB”) launched a public consultation concerning the criteria and procedures for determining suitability of bank board members.
In the framework of the Single Supervisory Mechanism (“SSM”), the ECB Banking Supervision has submitted to public consultation a
[Newsflash n. 11]
On 21 September 2016 the Italian Ministry of Economic Development published the “Industry 4.0” national plan(*), which will be the basis of the upcoming Stability Law, with the objective to boost large-scale investments, innovation and productivity.
With this 13 billions Euro manoeuvre, the Government aims to activate innovative investments mainly by way of tax […]
On 2 September 2016, the Italian Revenue Agency issued Resolution n. 72/E on the tax treatment of transactions involving the use of bitcoins and other virtual currencies.
According to the resolution, intermediation activities involving exchange of real against virtual currencies carried out by market operators are not subject to VAT, being transactions […]
Il decreto istituisce, presso il Ministero della Giustizia, un registro elettronico nel quale saranno pubblicate le informazioni ed i documenti relativi: