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By means of Legislative Decree no. 72 of 12 May 2015, Italy implemented Directive 2013/36/EU, which reformed, inter alia, banks' and investment firms' corporate officers "fit and proper" criteria for better governance purposes.

Recently Italian Company Law has been substantially modified by Legislative Decree no. 6/2003, which entered into force on January 1, 2004. This article focuses on the changes made by this legislation ("Reform") to the rules governing the management and representation powers of directors of limited stock companies.

On 20 October 2026, ESMA published its Final Report containing the draft regulatory technical standards (RTS) on the requirements applicable to post-trade risk reduction (PTRR) services for the purposes of the exemption from the clearing obligation provided for in Article 4b of Regulation (EU) No 648/2012 (EMIR), as amended by Regulation (EU) 2024/2987 (EMIR 3).