01.07.2021

Lazio Regional Administrative Court, judgment No. 7549 of 23 June 2021: cancellation of certain provisions of IVASS Regulation No. 40 of 2018, introduced by IVASS Order No. 97/2020 on horizontal cooperation and consistency assessment

By judgment No. 7549, published on 23 June 2021, the Regional Administrative Court of Lazio, upholding the claims of the Sindacato Nazionale Agenti di Assicurazione - National Union of Insurance Agents…

Read more

29.06.2021

Instant Insurance: a first reading of the phenomenon with particular regard to the adequacy of cover and pre-contractual information requirements

From dirittobancario.it   Contents: 1. Introduction: Instant insurance? Nihil sub sole novum. - 2. The (Insurance) Industry 4.0. - 3. Instant Insurance: what it is and how it works. - 4. Adequacy…

Read more

08.06.2021

Contributions from Nctm Offices Around the World | April - June 2021

Maritime taxonomy: new study on “sustainable” maritime transports In accordance with the EU Green Deal and the Sustainable and Smart Mobility Strategy, the EU is preparing a new legislative package,…

Read more

08.06.2021

A strike can be considered as a “force majeure event” only if it does not occur within an internal trade union conflict... this has now been confirmed also by the European Court of Justice

In contracts commonly used, including in our industry, it is customary to include clauses that provide a definition of the concept of “force majeure” and therefore specify the “extraordinary and…

Read more

08.06.2021

How to reduce the risk of sanctions arising from the inclusion of smuggling offences in Legislative Decree 231/2001

It is interesting to note that, with the entry into force of Legislative Decree No. 75 of 14 July 2020 (“Legislative Decree 75/2020”) [1], companies may also be held liable – pursuant to Legislative Decree…

Read more

08.06.2021

AGCM calls the Government with proposals on competition in Italian ports. Will the Government respond?

The Italian Antitrust Authority (“AGCM”) has – as usual – prepared and sent to the Government, last March, its annual report containing proposals for competition reform for the purposes of the Annual Law…

Read more

08.06.2021

How to “pick up” a State Aid

Here we are again on the subject of port towage, but this time from a new perspective, the one of applicable State aid provisions. As is known, port towage is not included among the activities that can…

Read more

08.06.2021

First reflections on the implementation of the new guidelines on the award of concessions for port towage

On the pages of our Shipping&Transport Bulletin [1] we have already dealt extensively with the new guidelines on the award of concessions for port towage issued by the Ministry of Infrastructure and…

Read more

03.06.2021

Vaccination certificates, relevant privacy implications not to be underestimated

The following document was published on June 3, 2021 in "About Pharma and Medical Devices".  The current health emergency arising from the spread of the coronavirus ("Covid-19") has led both national…

Read more

26.05.2021

IVASS Regulation No 47 of 27 April 2021: provisions on recovery plans and financing plans of (re)insurance undertakings

On 27 April 2021, IVASS published Regulation No 47 on recovery and financing provisions pursuant to Title XVI of Legislative Decree No 209 of 7 September 2005 - Private Insurance Code ("CAP"). With this…

Read more

25.05.2021

Happy Birthday, GDPR!

Regulation (EU) 2016/679, also called “General Data Protection Regulation” (the “GDPR”), turns three. The GDPR indeed came into force on 25 May 2018, becoming the global benchmark for personal data…

Read more

26.04.2021

Factoring transactions and financial exposures vis-à-vis public administrations in light of the new definition of default

Introduction This alert considers the impact of the new definition of prudential default[1], in effect as of 1 January 2021, both in terms of its application to factoring transactions and in the context…

Read more