By means of a communication dated 16th May 2017, Bank of Italy has introduced two new detailed sub – items in order to implement reporting indications rendered through the Q&A Procedure on the Single Rulebook by the European Banking Authority (EBA) as per the FINREP scheme and the relevant Data Point Model (DPM).
The draft of the legislative decree implementing Directive 2014/65/EU (MiFID II) on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU, as amended by Directive (EU) 2016/1034, and adapting the national legislation to the provisions of Regulation (EU) No. 600/2014 (MiFIR) on markets in financial instruments and amending Regulation (EU) No. 648/2012, as amended by Regulation (EU) 2016/1033 has been published.
ECB, by means of a press release issued on 15 May 2017, informs about the publication of the “Guide to fit and proper assessments” of members of the management body, both in their management function (executives) and supervisory function (non-executives) of all institutions under the direct supervision of the ECB.
Clarifications on some issues dealt with under the “Recommendation on the distribution of financial instruments through a multilateral trading venue” (Consob Communication no. 0092492 of 18 October 2016) have been published.