ESMA warns against investor protection risks and provides guidance on expected disclosures.
On 15 July 2021, ESMA published a statement on the prospectus disclosure and investor protection issues raised by special...more
7/19/2021
/ Consultation ,
Corporate Governance ,
Disclosure Requirements ,
EU Prospectus Regime ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
MiFID II ,
Prospectus ,
Prospectus Regulation (PR3) ,
Retail Investors ,
Special Purpose Acquisition Companies (SPACs) ,
UK
Italian Securities Commission returns to ordinary reporting requirements for listed issuers.
The Italian Securities Commission (CONSOB), by press release dated April 12, 2021, announced its decision to end the more...more
Le novità da considerare per l’imminente stagione assembleare e per aggiornare la corporate governance anche alla luce delle disposizioni introdotte per l’emergenza COVID-19.
Le nuove modalità per l’assemblea dei soci tra...more
More stringent reporting obligations regarding relevant shareholdings and investment objectives for Italian-listed issuers will continue until 13 April 2021.
On 13 January 2021, the Italian Securities Commission (CONSOB)...more
Il Decreto Legge 16 luglio 2020 n. 76 (c.d. Decreto Semplificazioni) ha cercato di concretizzare i precedenti sforzi del governo italiano di supportare le operazioni di ricapitalizzazione delle società di capitali italiane...more
The provisions aim to help Italian companies overcome a lack of liquidity caused by the COVID-19 pandemic.
Facilitation of capital increases -
Law Decree no. 76 of 16 July 2020 (the Simplification Decree), converted...more
The more stringent reporting obligations for certain Italian-listed issuers will continue until January 13, 2021.
The Italian Securities Commission (CONSOB) has adopted Resolution 21525, extending for a period of three...more
The Simplification Decree (Decreto Semplificazioni) follows and puts into effect the earlier attempt of the Italian cabinet to facilitate capital increases.
Law no. 120/2020 converting Law Decree no. 76/2020 (Decreto...more
The more stringent reporting obligations for certain Italian listed issuers will continue until October 12, 2020.
The Italian Securities Commission (CONSOB) has adopted Resolution 21434, extending for a period of three...more
The Recovery Decree aims to rapidly raise equity financing and counter liquidity shortage.
Law Decree, approved on 13 May 2020 (Recovery Decree) introduces provisions facilitating capital increases by Italian private and...more
The Recovery Decree allows Italian companies with equity listed on regulated markets to issue multiple voting shares to enhance competition with foreign countries and protect the Italian markets.
The Recovery Decree dated...more
A look at how privately held and publicly listed Italian companies controlled by families are innovating in corporate governance.
Key Points -
..Italy hosts a number of dynamic family-controlled companies (FCCs) that...more
This third in a series provides practical guidance to help companies cope with the evolving regulatory scenario during the pandemic.
Due to the global spread of COVID-19, governments and regulators have adopted a variety...more
This second in a series provides practical guidance to help companies cope with the evolving regulatory scenario during the pandemic.
Due to the global spread of COVID-19, governments and regulators have adopted a variety...more
This first in a series provides practical guidance to help companies cope with the evolving regulatory scenario during the pandemic.
Due to the global spread of COVID-19, governments and regulators have adopted a variety...more
The Italian government extends its Golden Power to veto or impose conditions on corporate transactions involving foreign investment.
On April 8, 2020, the Italian Government issued Law Decree 23/2020 providing a...more
The Liquidity Decree strengthens CONSOB’s powers to impose stricter reporting requirements of relevant shareholdings in Italian-listed issuers.
The Italian government has adopted Law Decree n. 23/2020 (the Liquidity...more
The revised Market Practice reflects the remarks raised by ESMA after a public consultation process.
Article 13 of MAR provides for an exemption from sanctions in case a transaction breaches the general prohibition of...more
Practical guidance for private equity firms when tackling Italian portfolio companies’ questions during the pandemic.
In light of the COVID-19 outbreak, the Italian government has adopted significant steps to curb the...more
CONSOB and Bank of Italy ease compliance obligations during COVID-19.
The Italian Securities Commission (CONSOB) and the Bank of Italy have adopted a series of measures to grant intermediaries and online portal managers an...more
Il Decreto Cura Italia proroga il termine per la convocazione dell’assemblea ordinaria di approvazione del bilancio e agevola la partecipazione degli azionisti con mezzi alternativi all’intervento di persona.
Il Decreto...more
The Cura Italia Decree extends the annual meeting season for private and public companies, and provides for remote attendance options.
Law Decree no. 18 of 17 March 2020 provides a contingency package of extraordinary...more
Italian regulator imposes more stringent reporting obligations for certain Italian-listed issuers.
The Italian Securities Commission (CONSOB) has adopted Resolution 21304, imposing stricter reporting obligations of...more
Le società quotate italiane possono approfittare dell’imminente stagione assembleare per attrarre investitori italiani e stranieri attraverso l'adozione delle migliori practice di corporate governance.
Introduzione -
A...more
The upcoming annual general meetings season provides companies the opportunity to attract Italian and foreign investors by adopting best-in-class corporate governance rules.
Overview -
Following the entry into force of...more