The Bank of Italy, COVIP, IVASS and the Italian Ministry of Economy and Finance have jointly launched a public consultation on draft instructions for the exercise of enhanced controls on the business of a wide range of...more
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
On 14 July 2021, IVASS published a new Regulation setting out rules on money laundering risk mitigation procedures and providing for amendments to IVASS Regulation No. 44/2019 regarding rules on internal organization,...more
Following the Ministry of Economy and Finance press release of 24 January 2019, last night the Italian Government approved the law decree aimed at ensuring financial stability and market integrity in the event of hard Brexit...more
3/21/2019
/ Deposit Guarantee System ,
Derivatives ,
Dispute Resolution ,
EU ,
Financial Institutions ,
Italy ,
IVASS ,
Loan Agreements ,
Member State ,
Notification Requirements ,
Prior Authorization ,
Regulatory Agenda ,
Temporary Permissions Regime (TPR) ,
Trading Platforms ,
UK ,
UK Brexit
IVASS published on 5 June Regulation no. 38 concerning provisions on the corporate governance system (the “Regulation“) implementing EIOPA Guidelines pursuant to Solvency II Directive....more
7/11/2018
/ Corporate Governance ,
EIOPA ,
Insurance Industry ,
Internal Controls ,
Italy ,
IVASS ,
Regulatory Oversight ,
Regulatory Requirements ,
Reinsurance ,
Risk Management ,
Solvency II
On 16 June Legislative Decree No. 68/2018 aimed at implementing the IDD (the “Legislative Decree“) was published on the Italian Official Journal.
...more
6/20/2018
/ Consumer Insurance Products ,
Cross-Selling ,
Insurance Code ,
Intermediaries ,
Italy ,
IVASS ,
Mediation ,
New Legislation ,
Regulatory Oversight ,
Regulatory Standards ,
Reinsurance ,
Remuneration
On 8 June IVASS launched three public consultations on its draft regulations providing for secondary level legislation regarding insurance and reinsurance distribution, pre-contractual transparency requirements to be met in...more
In a letter to the market published by IVASS yesterday, the Italian insurance regulator expressly clarified that the scope of application of the guidelines set out in a previous letter to the market also includes EU insurance...more