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Italian Non-possessory Pledge Now Available to Italian Businesses

On 23 January 2023, the technical standards issued by the Italian Tax Authority relating to the form and the procedure to be adopted for the statutory registration of the Italian non-possessory pledge were published in the...more

2/2/2023  /  Italy , Moveable Assets , Tax Authority

The Latest in Italian Cryptocurrency Regulation: Mandatory Fees for Providers and Exchangers

On April 21, 2022 the Italian Organismo Agenti e Mediatori issued a circular implementing the Ministry of Economic and Finance decree regarding statutory registration, fees, and obligations of cryptocurrency providers and...more

Breakthrough in Italian Cryptocurrency Regulation: Statutory Registration for Providers and Exchangers

The Italian Ministry of Economy and Finance ("MEF") issued a new decree ("Decree") requiring that virtual asset/currency service providers promptly enroll in a soon-to-be established special section of the register held by...more

Securitization in Italy: Recent Reform Opens New Investment Opportunities in Real Estate Market and Boosts NPLs/UTPs Dismissal

The Situation: In the last years the Italian legislature reformed the Italian securitization law to foster investments in NPLs/UTPs by Italian and foreign professional investors. A recently approved law decree provides for...more

Blockchain and Smart Contracts: Italy First to Recognize an Overarching Legal Foundation

The Situation: After joining the Blockchain Partnership and setting up a task force dedicated to digital innovation, Italy enacted a set of rules establishing an overarching legal foundation for the validity and...more

Securitization in Italy: New Market-Friendly Rules Enacted

On June 15, 2017, the Italian Parliament approved the Conversion Law of Decree no. 50 of April 25, 2017 ("Conversion Law"). The Conversion Law includes a review of the legal framework applicable to Italian securitization...more

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