Regulatory Alerts1994-03-29
Deliberations of the CICR and Urgent DM - Deliberation of 29 March 1994
The Interministerial Committee for Credit and Savings issued a regulation on 29 March 1994 establishing prudential rules for financial intermediaries listed under Article 107 of the Consolidated Banking Law. The decree mandates the Bank of Italy to implement general and specific measures regarding capital adequacy, risk containment, and financial structure tailored to the intermediaries' activities. It further provides for transitional provisions allowing for gradual implementation and the possibility of stricter measures for intermediaries with unfavorable financial situations.
Share