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Law Decree implementing the DLT Pilot regime in Italy - Major change to Italian sandbox

Law Decree implementing EU Regulation 2022/858, containing urgent provisions on issuance and circulation of financial instruments in digital form, was published in the Official Gazette on 17 March 2023. It provides for the...more

Italian decree on VASPs published in the Official Gazette

The long-awaited decree regulating the business of VASPs in Italy was published in the Italian Official Gazette. On 17 February 2022, following a public consultation, the decree of the Ministry of Economy and Finance...more

Italian register of payment services agents, e-money distributors and central contact points

The Italian Ministry of Economy and Finance launched a public consultation on the long-awaited draft decree for the establishment of the Italian register of payment services agents, e-money distributors and central contact...more

Italian Sandbox: the first window for the submission of applications to be opened soon

Bank of Italy, Consob and IVASS launched the Italian Sandbox announcing the first call for submitting FinTech projects. On 17 July 2021, the Decree of the Italian Ministry of Economy and Finance No. 100 of 30 April 2021...more

Bank of Italy initiatives on Artificial Intelligence in the banking, financial and payment sector

Bank of Italy launched initiatives regarding the use of Artificial Intelligence for innovating the banking, financial and payment sector and complaints handling....more

FinTech: Italy takes further steps towards the establishment of the FinTech Sandbox

On 2 July 2021, the Decree of the Italian Ministry of Economy and Finance for the launch of a Sandbox in Italy and the establishment of a FinTech Committee was published in the Italian Official Gazette....more

Latest updates on the Italian Regulatory Sandbox

New provisions have been introduced to the Italian law concerning the development of FinTech initiatives and the establishment of an Italian Fintech Sandbox. Secondary measures are expected to be enacted by 31 January 2021....more

Italy towards the implementation of a legal framework on blockchain

The Ministry of Economic Development launched a public consultation setting out recommendations for the use of DLT and blockchain in a number of fields, including the regulatory banking and financial industry. ...more

Italy consults on FinTech sandbox

The Italian Ministry of Economy and Finance has launched a consultation on a Draft Decree on the criteria to test FinTech initiatives in a sandbox environment and to establish a FinTech Committee. The criteria include the...more

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