Italy is ranked one of the top destinations for investment in the European union. Still, the Italian government wields the authority to review, and even prevent, investments by foreign entities seeking assets in certain...more
6/17/2019
/ Critical Infrastructure Sectors ,
Cross-Border Transactions ,
Dual Use Goods ,
EU ,
Export Controls ,
Foreign Acquisitions ,
Foreign Direct Investment ,
Foreign Entities ,
Foreign Investment ,
Investors ,
Italy ,
National Security ,
Screening Procedures
The Situation: Recent foreign investments in Italian blue chips led the Italian government to intervene to protect strategic assets.
The Result: Decree 148/2017 introduced new disclosure requirements regarding...more
12/4/2017
/ Acquisitions ,
Anti-Raiding ,
Board of Directors ,
CONSOB ,
Corporate Governance ,
Disclosure Requirements ,
Foreign Acquisitions ,
Investors ,
Italy ,
National Security ,
Regulatory Oversight ,
Transparency
The Situation: In July 2016, the Market Abuse Regulation ("MAR") came into effect, introducing detailed requirements for EU listed issuers regarding disclosure of inside information, with a view to fighting market...more
11/6/2017
/ CONSOB ,
Corporate Officers ,
Derivatives ,
Disclosure Requirements ,
EU ,
EU Market Abuse Regulation (EU MAR) ,
Insider Trading ,
Italy ,
Market Abuse ,
New Guidance ,
Policies and Procedures
Legislative Decree No. 254 ("Decree") was approved by the Italian government on December 30, 2016, and implemented the European Union framework on the disclosure of nonfinancial and diversity information by certain large...more