2006-12-27
The Bank of Italy issued Circular No. 263 on December 27, 2006, establishing comprehensive prudential supervision rules for banks, which was subsequently repealed on March 2, 2012. The document includes a detailed history of fifteen updates addressing capital adequacy, risk management, and regulatory adjustments from 2010 to 2013. It also specifies the recognition criteria for credit ratings from major agencies like Fitch, Moody's, and S&P within the standardized approach framework.