Regulatory Alerts2008-11-28
Supervisory Bulletin No. 11 - November 2008
The Bank of Italy and CONSOB issued an agreement on November 7, 2008, establishing detailed procedures for the exchange of opinions regarding authorization measures for investment firms, asset management companies, and non-harmonized collective investment undertakings. The Minister of Economy and Finance issued a favorable opinion for the Lazio Region's bond issuance, specifying maximum spreads based on the loan's duration to ensure compliance with internal stability pact objectives. Additionally, the Bulletin includes updates to risk central registers and clarifies the eligibility of public contributions for the supervisory capital of credit guarantee societies.
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