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  • Article

    Communication From The Bank Of Italy On BNPLs: A First Acknowledgement

    In late October 2022, the Bank of Italy published a communication drawing the attention of consumers to ‘Buy Now Pay Later' schemes. ‘Buy Now Pay later', or BNPL, is essentially a form of credit...
    ItalyFinance and Banking
    Molinari Agostinelli Studio Legale
    Molinari Agostinelli Studio Legale
  • Article

    Italian Non-possessory Pledge Now Available To Italian Businesses

    In 2016, the Italian Parliament introduced the "non-possessory" pledge (i.e., floating charge) with the aim of offering Italian businesses the possibility to secure payment obligations...
    ItalyFinance and Banking
    Jones Day
    Jones Day
Article

Last-Minute Closing Hazards to Avoid During Italian Real-Estate Transactions

One of the most delicate aspects in real estate financing transactions is the security connected to the loan. The main problems faced by businesspeople and advisors not familiar with the Italian real estate market are related to the procedures and timing requested for the enforcement of the security. Such enforcement has to precede the drawdown of the loan in 90 percent of all cases.
ItalyFinance and Banking
McDermott Will & Emery Carnelutti
McDermott Will & Emery Carnelutti
  • Article

    New Exemptions Discipline

    CONSOB approved the amendments to art. 34-ter, paragraph 1, lett. C) of the Issuers' Regulations relating to the threshold for exemption ...
    ItalyFinance and Banking
    LCA Studio Legale
    LCA Studio Legale
  • Article

    Consob Lightens The Requirements For STS On-balance Sheet Securitisations Originated By Italian Banks

    On 18 July 2024 Consob published its Resolution no. 23208 of 17 July 2024 (the "Resolution 23208") that implements a waiver to the provisions of Regulation (EU) no. 2017/2402 (the "Securitisation Regulation") exercising the discretion granted to it pursuant to article 26e (10), third subparagraph of the Securitisation Regulation, following the publication of the European Banking Authority ("EBA") Opinion of 7 June 2024 (the "EBA Opinion").
    ItalyFinance and Banking
    WST
    WST
  • Article

    Revolut – It’s Now An Italian Bank

    Discover how switching to Revolut's new Italian banking operation can eliminate those frustrating transaction fees that Italian banks charge for basic services like bonifici and bill payments. Learn about the potential annual savings and improved user experience that comes with this digital banking alternative.
    ItalyFinance and Banking
    Spectrum IFA Group
    Spectrum IFA Group
  • Article

    17bn Euros Invested By Italian Government To Rescue Two Regional Banks

    In an attempt to restore market confidence, the Italian government has agreed to inject €5bn worth of taxpayers' money into two mid-sized regional banks, handing their good assets to Intesa Sanpaolo...
    ItalyFinance and Banking
    Giambrone
    Giambrone
  • Article

    Have You Got An Old Italian Bank Account?

    What am I talking about? I am referring to the basic bank accounts that people use in Italy — those accounts that were probably set up when you first moved here, perhaps because the person you were buying a house from suggested opening an account at the same branch to make life easier, or because you were referred to the local bank simply because “everyone uses it”, or because someone knew someone who could open an account for you even before you were officially resident.
    ItalyFinance and Banking
    Spectrum IFA Group
    Spectrum IFA Group
  • Article

    Securitization in Italy: Recent Reform Opens New Investment Opportunities In Real Estate Market And Boosts NPLs/UTPs Dismissal

    This creates new investment opportunities in the Italian real estate market for both traditional players as well as new investors approaching such market for the first time.
    ItalyFinance and Banking
    Jones Day
    Jones Day
  • Article

    €17bn Invested By Italian Government To Rescue Two Regional Banks

    In an attempt to restore market confidence, the Italian government has agreed to inject €5bn worth of taxpayers' money into two mid-sized regional banks, ...
    ItalyGovernment, Public Sector
    Giambrone
    Giambrone
  • Article

    Is It Time To Go "Crazy" For Italy?

    The heir to the Diesel throne recently claimed young entrepreneurs should look outside of Italy, but TMF Group’s Italian MD Massimo Paolo Gentili begs to disagree.
    ItalyFinance and Banking
    TMF Group BV
    TMF Group BV
  • Article

    Parachute With Strings: Restrictions On Variable And Severance Pay In The Banking Sector

    When employers in the banking sector negotiate agreements with key employees regarding variable or post-termination pay...
    ItalyFinance and Banking
    Ius Laboris
    Ius Laboris
  • Article

    The Expanding Reach Of Italy's FDI Regime

    The Italian government has recently published its 2024 Annual Report on Foreign Direct Investment, providing an overview of the exercise of its special powers, commonly referred to as "Golden Power," in sectors deemed strategic for national security.
    ItalyGovernment, Public Sector
    A&O Shearman
    A&O Shearman
  • Article

    New Security For Real Estate Financings

    Law Decree No. 59 dated 3 May 2016 introduced a new security instrument for real estate financings which entails secured creditors to satisfy their claims against the mortgaged assets...
    ItalyReal Estate and Construction
    A&O Shearman
    A&O Shearman
  • Article

    La responsabilità dell'intermediario bancario per la non corretta esecuzione del pagamento verso il reale beneficiario

    Con l'Ordinanza n. 17415 del 2024 la Corte di Cassazione si pronuncia sulla tematica concernente la responsabilità della banca per aver eseguito un...
    ItalyFinance and Banking
    Studio Previti Associazione Professionale
    Studio Previti Associazione Professionale
  • Article

    Distributed Ledger Technology: The New Regulation (EU) 2022/858.

    A few days ago, Regulation 2022/858 came into force, regulating a pilot regime for market infrastructures based on the distributed ledger technology.
    European UnionTechnology
    Macchi di Cellere Gangemi
    Macchi di Cellere Gangemi
  • Article

    Grandi Imprese In Crisi: Pronto E Disponibile Un Fondo Da 400 Milioni

    Possono altresì beneficiare dell'intervento del Fondo le imprese in amministrazione straordinaria che occupino un numero non inferiore a 200 dipendenti da almeno un anno.
    ItalyCorporate/Commercial Law
    Dentons
    Dentons
  • Article

    Cross-Border Distribution Of Units Or Shares Of Collective Investment Undertakings: Recent Amendments To The Issuers' Regulation

    As a result of the consultation procedure and in implementation of the so-called CBDF Package (Cross-border fund distribution package, i.e. the Directive (EU) 2019/1160 and Regulation (EU) 2019/1156)...
    ItalyFinance and Banking
    Macchi di Cellere Gangemi
    Macchi di Cellere Gangemi
  • Article

    Partial Nullity Of A Specific Surety Guarantee

    The Supreme Court of Cassation ("The Supreme Court"), in judgment no. 27243, dated 21 October 2024, ruled on the partial nullity of a specific surety guarantee, applying the principles...
    ItalyFinance and Banking
    WH Partners
    WH Partners
  • Article

    I Limiti Della Comunicazione Sui Prodotti Finanziari

    Quanto deve essere completo, dal punto di vista informativo, il messaggio pubblicitario di un prodotto finanziario?
    ItalyMedia, Telecoms, IT, Entertainment
    Lipani Legal & Tax
    Lipani Legal & Tax
  • Showing 61–80 of 261 results

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