NEWSLETTER
Regulatory Alert – Italy – Important developments on the listing and the marketing of ETFs in Italy
We would like to inform that there are two important Italian developments on the listing of ETFs Abolition of the duty of producing the Listing Document in order to list ETFs on Borsa Italiana Express recognition by CONSOB of the possibility of actively marketing to...
The new Italian law on artificial intelligence
On September 17, 2025, the Senate definitively approved the new Italian law on artificial intelligence ("AI"), which will come into force after its publication in the Official Gazette. This law (hereinafter referred to as the "Italian AI Law") establishes a series of...
Italy – Submission to CONSOB of marketing material – new system (DePub) active from 1 September 2025 (CONSOB Note of 7 August 2025)
1 Background CONSOB has recently published a note (the “Note”) concerning the introduction, as of next September 1st, 2025, of a new specific CONSOB portal for the submission of advertisement materials addressed to Italian investors and concerning any offer of...
The retail distribution of ELTIF in Italy
It is possible to distribute retail ELTIF in Italy with the same arrangements as those used for UCITS The ELTIF or “European Long-Term Investment Funds” were introduced by the Regulation (EU) 2015/760 (the “ELTIF Regulation”) with the purpose of facilitating the offer...
2020 04 News SLCC Italy – COVIP on Brexit – delegation to UK players allowed 20 0801
2020 03 News SLCC Italy – Italian tax benefits for PIR as AIFs 20 0522
2020 02 News SLC Lower CONSOB thresh for reports of holding in Italy listed comps 20 0413 WL
2020 01 News SLC Mutual recogn granted to UK firms until Dec 31 2020 20 0201
2019 08 News SLCC Italy – Bank of Italy Regulation organisation Financial Intermediaries
2019 07 News SLCC Italy – Brexit Law Decree RATIFIED
2019 06 News SLCC Italy – Italian tax benefits for ELTIFs PIR 19 0620
2019 05 News SLCC Italy – New Decree Elig Investm PIR 19 0508