The Sandbox's main goal is to create the conditions for promoting the digitalisation of Italy, by establishing a "safe" environment where FinTechs can test technologically innovative services/products in the banking, finance and insurance sectors.

Deciding on an appeal against administrative sanctions imposed by Consob (the national Commission for companies and the Stock Exchange), the Supreme Court has recently ruled...

On 10th September 2020, the Organisation for Economic Co-operation and Development (OECD) has published a report (entitled "Blockchain for SMEs and entepreneurs in Italy"; the Report)

On the verge of the end of the Brexit transition period envisaged under the EU-UK Withdrawal Agreement dated 31 January 2020, the Italian Government issued some provisions (namely, Article 22 of Law Decree no. 183 of 31 December 2020 ...

The Proposal's overall goal is to promote the provision of financial services in the EU single market, while ensuring the highest consumer protection possible.

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.

According to EY and FinTech District's report on the Italian FinTech ecosystem

On 30 March 2022 came into force the Decree of the Minister of Economy and Finance no. 19 of 13 January 2022 (the "Decree"), which amended Ministerial Decree no. 30 of 5 March 2015...

The Digital Finance Strategy sets out some priorities, in order to guide centralised actions for the promotion of the EU digital transformation up to the year 2024.

In its Action Plan 2018: Financing Sustainable Growth, the EU Commission set out goals and timing to booster the role of finance towards an economy that focuses on ESG goals, in compliance with the Paris Agreement on climate changes ...

The Italian FinTech Sandbox (the "Sandbox") has been introduced by means of Ministerial Decree no. 100 of 2nd July 2021 (the "Decree") , which entered into force on 17th July 2021.

Despite helping to reduce regulatory uncertainty, MiCAR will not however govern the entire crypto-asset's ecosystem.

FinTech Comparative Guide for the jurisdiction of Italy, check out our comparative guides section to compare across multiple countries