Regulatory Alerts2020-04-10
Communications - Communication of 27 March 2020 - Circular No. 288/2015 - Supervisory provisions for financial intermediaries
The Bank of Italy issued this communication to clarify that financial intermediaries registered under Article 106 of the TUB must continue applying the supervisory provisions for securitization operations set forth in Circular No. 288/2015. This requirement persists until national legislation identifies the competent authority for controls under EU Regulations 2017/2402 and 2017/2401. Consequently, these intermediaries must maintain using version 2.8 of the Data Point Model for prudential reporting instead of the updated version 2.9.
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