News & Analysis as of

Italy

Fish & Richardson

Should the Experimental Use Exception Be Broadened?

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On June 28, 2024, the United States Patent and Trademark Office (“USPTO”) requested the public’s views on the current state of the common law experimental use exception to patent infringement and whether legislative action...more

Moore & Van Allen PLLC

Foreign Institutional Investors Await Italian Government Action on Corporate Governance Reforms

Moore & Van Allen PLLC on

On March 27, 2024, the Italian legislature enacted reforms to attract new investors to the Italian capital markets and improve corporate governance following guidelines issued by former Prime Minister Mario Draghi’s...more

Hogan Lovells

Italian Legislative Decree implementing MiCAR

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The Italian Legislative Decree implementing MiCAR has been published in the Official Gazette. Among other things, it designates CONSOB and the Bank of Italy as competent supervisory authorities and sets out a transitional...more

Troutman Pepper

Exploring Employment Law Across Borders: Italy vs. US With White Lotus — Hiring to Firing Podcast

Troutman Pepper on

In this episode of the Hiring to Firing Podcast, hosts Tracey Diamond and Evan Gibbs dive into international waters with Annalisa Reale, a Labor and Employment partner of the Chiomenti Law Firm in Milan, Italy. Inspired by...more

Hogan Lovells

Reimagining Real Estate: Repurposing in Italy

Hogan Lovells on

Repurposing a property can unlock new opportunities; however, in Italy this journey is often accompanied by various legal, regulatory, and practical considerations that must be addressed to ensure a successful transition. In...more

Hogan Lovells

Retention of corporate email metadata, news from the Italian Data Protection Authority

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The Italian Data Protection Authority (“Garante per la Protezione dei Dati Personali”) published a provision in which it established that some services for e-mail management are configured to collect and store metadata...more

Ius Laboris

New guidelines for retention of emails

Ius Laboris on

The Italian Data Protection Authority has adopted an updated version of a guideline document on email retention that it originally issued in December 2023, but which had been suspended....more

Hogan Lovells

Bank of Italy: Public consultation on new AML reporting

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The Bank of Italy launched a public consultation regarding new AML reporting which would replace the AML questionnaire that has been sent out for the last two years. On 31 July 2024, the Bank of Italy launched a public...more

Hogan Lovells

Italy: New instructions to combat financing of antipersonnel mines, cluster munitions and submunitions producers

Hogan Lovells on

On 26 July 2024, the Bank of Italy, COVIP, IVASS and the Italian Ministry of Economy and Finance jointly published instructions for enhanced controls on a wide range of supervised entities pertaining to the financial,...more

Hogan Lovells

MedTech companies’ hopes betrayed: Italian Constitutional Court confirms medical device payback

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Expectations of MedTech companies on a possible repeal of the payback mechanism for medical devices have been disappointed by two recent rulings of the Italian Constitutional Court (no. 139/2024 and 140/2024), which confirmed...more

Hogan Lovells

Obligations for insurance companies and intermediaries arising from EU restrictions against Russia

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IVASS has recently published a letter to the market clarifying obligations for insurance undertakings and intermediaries under Council Regulation (EU) No. 269/2014 concerning restrictive measures related to Ukraine's...more

Hogan Lovells

MiCAR: Bank of Italy's communication

Hogan Lovells on

On 22 July 2024, the Bank of Italy issued a communication on MiCAR illustrating its supervisory powers and outlining certain MiCAR aspects and the impact on market players. Bank of Italy announced it is open for dialogue with...more

Hogan Lovells

Trademarking Italian place-names: 10 key Q&As and new rules for Milan

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The latest of many Italian regulatory changes aimed at protecting the "Made in Italy" brand comes as the Municipality of Milan approved a new "Regulation for the release of authorization to register trademarks including the...more

A&O Shearman

Antitrust in focus - April 2024

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Spotlight on below-threshold merger reviews: doubts over European Commission’s powers while in depth probes launched in Italy - Last month, we reported on the landmark Advocate General (AG) opinion in Illumina/GRAIL. The AG...more

Hogan Lovells

IVASS amends its rules on AML compliance and governance requirements to implement EBA guidelines

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IVASS has recently issued a regulatory measure amending and integrating its secondary rules on anti-money laundering (AML) compliance and governance aimed at preventing the use of insurance companies and insurance...more

Hogan Lovells

EU elections – what does this mean for Italy?

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This article provides a short summary of the election outcome and outlines the implications for business regulation. The 2024 EU Parliament elections marked a significant political shift to the right in all jurisdictions,...more

Hogan Lovells

Bank of Italy communication on unauthorised payment transactions

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On 17 June 2024, the Bank of Italy published a communication on unauthorised payment transactions. Inspections revealed shortcomings with several payment service providers (PSPs), such as groundless refund refusals,...more

McDermott Will & Emery

Spotlight on the “Partner Countries” Exemption from Sanctions against Russia

From June 20, 2024, EU companies with a presence in Russia will no longer be able to rely on the “partner countries” exemption and will be required to obtain, or rely on, a licence to provide business services and/or software...more

Hogan Lovells

L’attività dell’influencer può integrare una tipica attività di agente ex artt. 1742 e ss. C.C.

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Con sentenza n. 2615 del 4 marzo 2024 il Tribunale di Roma, sezione lavoro, ha confermato la correttezza dell’accertamento ispettivo della Fondazione Enasarco secondo la quale l’influencer che, sui propri profili, promuove...more

Hogan Lovells

The influencer’s activity may integrate a typical agent activity under Art.1742 et seq. of Civil Code

Hogan Lovells on

With decision no. 2615 of 4 March 2024, the Labour Court of Rome confirmed the Enasarco's inspection stating that an influencer who promotes brand's products on a permanent and continuous basis through his own social network...more

Hogan Lovells

A new form of security in Italy: Non-possessory pledge of moveable goods

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In 2016, Italy introduced a new form of security on moveable goods, which does not require the debtor to surrender the goods to the creditor or a custodian. Instead, it requires the pledgor to register the goods in a digital...more

K&L Gates LLP

Digital Nomad Visa

K&L Gates LLP on

On 4 April 2024, the Ministerial Decree dated 29 February 2024, was published in the Official Journal of the Italian Republic. Such Decree defines the conditions and operational rules for the entry and stay in Italy of...more

Hogan Lovells

Italian Tax Bonus Decree: what's new on the Superbonus scheme

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Through the conversion of Law Decree No. 39/2024 into Law No. 67 of 23 May 2024 (the "Tax Bonus Decree"), the Parliament has now approved a number of restrictions substantially limiting the benefits of the so-called...more

A&O Shearman

Beneficial ownership registration requirement re-examined by the administrative judiciary

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Initially, the UBO Decree mandated that companies, recognized foundations and associations, trusts, and fiduciary mandates based in Italy fulfill their duty to report data and information on ultimate beneficial ownership by...more

White & Case LLP

AI Watch: Global regulatory tracker - Italy

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Italy plays a prominent role in EU AI Act negotiations and engages in political discussions for future laws. Laws/Regulations directly regulating AI (the “AI Regulations”) Currently, there are no specific laws,...more

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