European Commission launches the EU Blockchain Observatory and Forum
On 1 February 2018 the European Commission launched today the EU Blockchain Observatory and Forum with the support of the European Parliament, represented by Jakob von Weizsäcker responsible for the recent report on virtual currencies. [...]
PRIIPs: CONSOB postpones deadline to notify pre-2018 KIDs
CONSOB, 30 January 2018 – In light of some issues in the initial application of the new European regulation on PRIIPs and considering the opportunity to further discuss such issues also at European level, the [...]
EIOPA: Guidelines on the “Comprehension Alert”
On 19 January 2018, EIOPA published the translations of the Guidelines under the Insurance Distribution Directive on insurance-based investment products (IBIPs) that incorporate a structure which makes it difficult for the customer to understand the risks involved into all [...]
Amendments to CONSOB’s Issuers’ Regulation
On 28 December 2017, CONSOB approved certain amendments to the Issuers’ Regulation (Regulation n. 11971 of May 14, 1999) aimed at implementing the (EU) Regulation n. 1286/2014, relating to documents containing key information for Packaged Retail and Insurance-based [...]
CONSOB adopts the new Markets Regulation
[Newsflash n. 40] On 29 December 2017, Consob adopted the new Markets Regulation implementing the regulatory changes introduced by MiFID II and MiFIR. The new Regulation replaces the current version and: Repeals some pre-existing [...]
PRIIPs: CONSOB guidelines on ex ante notification of KID
[Newsflash n. 39] On 22 December 2017, CONSOB published ad-hoc guidelines establishing the methods of reporting KIDs for PRIIPS marketed in Italy. According to Article 5(2) of EU Regulation 1286/2014 “any Member State may [...]