Regulatory Alerts2026-02-05
Bank of Italy Circular No. 285 of 17 December 2013
The Bank of Italy issued Circular No. 285 to establish comprehensive prudential supervision rules for banks operating in Italy. The document mandates strict compliance with internal control systems, risk management frameworks, and reporting obligations, including specific provisions for credit risk, default definitions, and leverage ratios. It serves as the primary regulatory framework integrating European standards into national banking supervision.
Share