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ARTICLE · 09 MARCH 2016

管理意大利及欧盟基金直接借贷的主要法律架构现已搭建完成（英文版）

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In the last few years, the Italian Government reformed the Italian debt market with the aim of facilitating access by Italian businesses to financings.

ItalyFinance and Banking
Alessandro Corno
Alessandro Corno
Francesco Squerzoni
Francesco Squerzoni
Marco Frattini
Marco Frattini
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In the last few years, the Italian Government reformed the Italian debt market with the aim of facilitating access by Italian businesses to financings. Going along this reformation path, the Italian Council of Ministers enacted Law Decree No. 18 of February 14, 2016 (the "Law Decree"),1 which, inter alia, completed the set of "level one" rules applicable to direct lending in Italy by Italian and EU non-Italian alternative investment funds.

The Law Decree sets the conditions at which Italian and EU non-Italian alternative investment funds may operate in Italy as alternative direct lenders.

Italian Alternative Investment Funds

Italian investment funds may carry out direct lending activities in Italy toward borrowers other than consumers, provided that:

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