Regulatory Alerts2022-12-30
Implementation Methods for Article 4-septies.2 of Legislative Decree 58/1998 (TUF)
The Bank of Italy issues this communication to define the notification procedures for supervised intermediaries regarding Articles 6 to 8 of the EU Securitisation Regulation. It mandates that less significant banks, specific securities investment firms, financial intermediaries, and Italian managers report compliance with risk retention, transparency, and sub-securitisation rules within one month of issuance. The document outlines the specific data models, organizational responsibilities, and continuous reporting obligations for significant events affecting these securitisation operations.
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