With reference to our previous alert of 11 February 2016 on the reform of the BCC, we drafted this alert follow up following the publication in the Official Gazette, General Series n. 37 of 15 February 2016, of the decree law 14 February 2016 n. 18 on "Urgent measures concerning the reform of cooperative banks, the guarantee on the securitization of loans, the tax treatment of crisis procedures and asset management" (the "Decree"), attached hereto, in force since 16 February 2016.
Please see full publication below for more information.