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  • Article

    Regulation On Requirements For Investment Policies And Operating Conditions Of European Long-Term Investment Funds ("ELTIF") Adopted

    On 20 March 2023, Regulation (EU) 2023/606 was published in the Official Journal of the European Union in order to solve the non-growth of European long-term investment funds...
    European UnionFinance and Banking
    Orsingher Ortu – Avvocati Associati
    Orsingher Ortu – Avvocati Associati
  • Article

    The MTA Market Trading Admission Requirements For Investment Companies

    Investment companies already traded in the MIV have been maintained in this market even if they do not fall within the scope of the AIFMD.
    ItalyCorporate/Commercial Law
    A&O Shearman
    A&O Shearman
  • Article

    Contractual AIFs: Crisis Resolution Instruments And Legal Personality (Podcast)

    In this podcast, Alberto Claretta-Assandri, head of Italy Funds and Financial Regulatory, and Tommaso Paltrinieri, senior associate from the restructuring team, provide an overview of the proposed reform of the Italian Financial Act with reference to the new insolvency-related measures applicable to Italian funds and their implications to the long-debated issue of their legal status.
    ItalyFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Segregazione Degli Asset Dei Fondi Di İnvestimento

    Un ruolo fondamentale nell'architettura della segregazione degli asset è ricoperto dalle banche depositarie e dagli altri soggetti autorizzati alla custodia degli asset degli AIF.
    ItalyCorporate/Commercial Law
    Withers LLP
    Withers LLP
  • Article

    Milan's Real Estate Investment Opportunities Are Increasing

    Milan is the capital of the Lombardy region as well as the homonymous metropolitan city.
    ItalyFinance and Banking
    Giambrone
    Giambrone
  • Article

    The MTA Market Trading Admission Requirements For Issuers Operating Mainly In The Property Rental Sector And For SIIQ

    The issuer is required to dispose of an initial portfolio invested in real estate or similar assets with a net asset value amounting to at least €200 million...
    ItalyFinance and Banking
    A&O Shearman
    A&O Shearman
  • Article

    Fraudulent Forex Or Binary Options Brokers Continue To Defraud The Unsuspecting, However There Is Hope Of Recovery In Some Cases

    Many hundreds of people around the world are targeted each day by disreputable fraudulent brokers.
    ItalyCorporate/Commercial Law
    Giambrone
    Giambrone
  • Article

    How Does A Novice Investor Tell A Reliable Broker From A Fraudulent One?

    Once an individual has decided to try their luck trading in forex they are then faced with a decision as to which broker they should trade with.
    ItalyCriminal Law
    Giambrone
    Giambrone
  • Article

    Somethings Moving In The Italian Contemporary Art Scene: The Trust For Contemporary Art

    On 23 July was constituted the "Trust for Contemporary Art", a trust aimed at promoting contemporary art in Bologna in order to drive the city towards the most important contemporary art capitals in Europe.
    ItalyMedia, Telecoms, IT, Entertainment
    Studio Legale Withers
    Studio Legale Withers
  • 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

    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

    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)

    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
    Jones Day
    Jones Day
  • Article

    Primary Legal Framework Governing Direct Lending By Italian And EU Funds Now Completed

    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
    Jones Day
    Jones Day
  • Article

    Comunicazione Banca d'Italia 25 Marzo 2015 In Materia Di Adempimenti Per Le SGR

    Alleghiamo la comunicazione emanata da Banca d'Italia in data 25 marzo 2015 in materia di adempimenti per le SGR conseguenti alle disposizione attuative della Direttiva AIFM.
    ItalyFinance and Banking
    Withers LLP
    Withers LLP
  • Article

    Arriva La AIFMD II (Ma È Un Compromesso)

    Tra i cambiamenti, l'introduzione di un regime armonizzato per l'erogazione diretta di prestiti oltre a nuove regole per la gestione dei fondi di erogazione di credito. La versione definitiva è attesa per la primavera.
    ItalyFinance and Banking
    FIVELEX Studio Legale e Tributario
    FIVELEX Studio Legale e Tributario
  • Article

    Il Trasferimento Della Posizione IVA Del Fondo Immobiliare In Ipotesi Di Cambio Di SGR

    Desta interesse la recente Risposta n. 199 pubblicata dall'Agenzia delle Entrate il 20 giugno 2019 perché, al di là della specifica fattispecie sulla
    ItalyFinance and Banking
    Puri Bracco Lenzi e Associati
    Puri Bracco Lenzi e Associati
  • Article

    Italy Enacts New "White List"

    On August 9, 2016 the Italian Ministry of Finance issued a Decree amending the list of countries that are deemed to allow for an adequate exchange of information with Italy...
    ItalyTax
    Jones Day
    Jones Day
  • Article

    New Italian Rules Allowing Direct Lending And Purchasing Of Claims By EU Alternative Investment Funds

    Law Decree 14 February 2016, No. 18 (as converted by Law 8 April 2016, No. 49) expressly allows EU Alternative Investment Funds to carry out, under certain conditions, direct lending...
    ItalyFinance and Banking
    McDermott Will & Emery
    McDermott Will & Emery
  • Article

    I Recenti Sviluppi Normativi In Materia Di Fondi Immobiliari

    La Corte di Giustizia ha recentemente esaminato se e in che misura anche per i fondi immobiliari – come pacifico per i fondi di investimento mobiliari – possa applicarsi l'esenzione.
    ItalyFinance and Banking
    Withers LLP
    Withers LLP
  • Article

    AIFMD2 Implementing Decree: Changes For Credit Funds In Italy

    On March 27, 2026, the legislative decree (the Decree) transposing Directive (EU) 2024/927 (the so-called AIFMD2) was published in the Official Gazette, introducing significant amendments...
    European UnionFinance and Banking
    A&O Shearman
    A&O Shearman

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