ArticleNew Italian Banking Rules Impose Post-Trade Reporting Requirements On Bond OfferingsThe new rules entered into force on 1 October 2016, with a phase-in period applicable to banks. ItalyCorporate/Commercial LawA&O Shearman
ArticleRaising Awareness of Trademarks Counterfeiting DamagesItalyCorporate/Commercial LawStudio Legale Sutti
ArticleBorsa Italiana Amends Rules Of The Market And The Related Instructions To Include New Central Counterparties Operating On MTA And ETF Plus MarketsBorsa Italiana S.p.A., the managing company of the Italian stock exchange ("Borsa Italiana"), amended its Rules of the Market and the related Instructions ...ItalyFinance and BankingA&O Shearman
ArticleItalian Data Protection Authority Authorizes System For Remote Monitoring Of Phone TrafficIn January, the Italian Data Protection Authority authorized a project submitted by a multinational company.ItalyPrivacyJones Day
ArticleThe European Commission Issues Statement Of Objections Over Proposed Acquisition Of VMwareOn 12 April 2023, the European Commission (EC) informed Broadcom that its acquisition of VMware may restrict competition in the market for certain hardware components...European UnionAntitrust/Competition LawOrsingher Ortu – Avvocati Associati
VideoWhy Is Data Privacy So Important For Family Offices Globally? (Video)Data protection has become a critical risk issue for family offices, extending far beyond basic legal compliance.ItalyPrivacyWithers LLP
ArticleAssonime Case On The Annual Financial Report In Electronic FormatDirective 2004/109/EC of the European Parliament and of the Council of 15 December 2004 on the harmonisation of transparency requirements in relation...ItalyCorporate/Commercial LawOrsingher Ortu – Avvocati Associati
ArticleAssonime On Changes Made By The Shareholders' Meeting To The Proposed Allocation Of Profits And Related Effects On The Financial StatementsOn 7 September 2023, Assonime issued its Case No. 5/2023 (a) recalling that directors must indicate the proposed allocation of profits in the explanatory notes to the financial statements.ItalyCorporate/Commercial LawOrsingher Ortu – Avvocati Associati
ArticleBorsa Italiana Updates Its Regulations: Amendments To The Guidelines Of The Rules For Companies Of The Euronext Growth Milan MarketOn 4 August 2023, Borsa Italiana issued its Notice No. 30121 introducing some fine-tuning amendments in relation to the reverse takeover regime set out in the Rules for Companies...ItalyCorporate/Commercial LawOrsingher Ortu – Avvocati Associati
Article"Pandemic Regime" Corporate Meetings Applicable Until 31 July 2023On 23 February 2023, Decree Law No. 198 of 29 December 2022 ("Decreto Milleproroghe") was converted with amendments...ItalyCorporate/Commercial LawOrsingher Ortu – Avvocati Associati
Article"Prorogatio Imperii" Also Applies To Limited Liability CompaniesAccording to the decision of the Court of Catanzaro of 24 May 2023, Article 2385(1) of the Italian Civil Code provided for joint-stock companies must be applied by analogy...ItalyCorporate/Commercial LawOrsingher Ortu – Avvocati Associati
Article"Register Of Beneficial Owners" Becomes OperativeWith the Ministerial Decree dated 29 September 2023 published in the Official Journal of 9 October 2023, the Italian Ministry of Enterprise and Industry has certified the operation of the system to report data and information ...ItalyCorporate/Commercial LawOrsingher Ortu – Avvocati Associati
ArticleThe Italian Supreme Court On Company Demergers And The Transfer Of LossesOn 6 February 2023, the Italian Supreme Court issued its judgment in case No. 3591/2023 ruling that the losses of a demerged company shall be transferred to the beneficiary...ItalyCorporate/Commercial LawOrsingher Ortu – Avvocati Associati
ArticleThe Supreme Court On The Liability Of Shareholders For Corporate DebtsOn 21 April 2023, the highest Italian Court (Corte di cassazione) issued its decision No. 10752/2023 (now published) holding that shareholders are liable for the debts...ItalyCorporate/Commercial LawOrsingher Ortu – Avvocati Associati
ArticleThe Supreme Court On The "Russian Roulette Clause"On 25 July 2023, the Italian Supreme Court issued its judgement in case No. 22375 confirming the consistency with Italian company law of the so-called "Russian roulette clause"...ItalyCorporate/Commercial LawOrsingher Ortu – Avvocati Associati
VideoThe Gender Pay Gap In Italy (Video)In Italy, as in every other country in the world without exception, there is a gender pay gap. Access to the labour market is the starting point, but during employment, women face all kinds of barriers to progress.ItalyEmployment and HRIus Laboris
ArticleAmendments To Borsa Italiana Market Rules For SIIQ ListingWith Resolution No. 22625 dated 8 March 2023, Consob approved the amendments to the Rules of the Markets managed and organised by Borsa Italiana (the "Rules").ItalyFinance and BankingOrsingher Ortu – Avvocati Associati
ArticleConsob Issues New Notice On Legal Framework Of Prospectus RegulationOn 31 March 2023, Consob issued a new Notice to offer an overview of the application of the European Union legal framework concerning the prospectus to be published...ItalyFinance and BankingOrsingher Ortu – Avvocati Associati
ArticleESMA On Sustainability-Related Disclosure In ProspectusesOn 11 July 2023, ESMA issued a public statement (the Statement) on sustainability-related disclosure that should be included in prospectuses.ItalyFinance and BankingOrsingher Ortu – Avvocati Associati
ArticleItalian Supreme Court On Shareholder's Objection To Bankruptcy AgreementOn 24 October 2022, the Italian Supreme Court issued judgment No. 31402/2022, ruling on the shareholder's legal standing to object to the approval of a bankruptcy...ItalyInsolvency/Bankruptcy/Re-StructuringOrsingher Ortu – Avvocati Associati