12.02.2021

Legislative Decree No 187/2020 entered into force: significant amendments to the Private Insurance Code concerning insurance distribution

On 9 February 2021, Legislative Decree No. 187 of 30 December 2020 (the "Decree") entered into force. The Decree, adopted to integrate the provisions implementing Directive (EU) 2016/97 (the "IDD"),…

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11.02.2021

State aid and competition | Extension of the Temporary Framework for aid measures to support the economy

Preamble On 28 January 2021, the European Commission extended the Temporary Framework for State aid measures to support the economy in the current emergency of COVID-19” (the “Temporary Framework”)…

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08.02.2021

Amazon, Google, but not only them. 2021 Budget Law obligations for providers of online brokerage services and search engines

Amazon, Google, but not only them. The increasingly frequent use by businesses of digital service providers (given the advantages – in terms of expanding business opportunities – that they can achieve)…

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08.02.2021

Recent amendments to the Italian Securitisation Law

Introduction This alert analyses the amendments made to Italian law no. 130 of 30 April 1999 on receivables securitisation (“Law 130”) by article 1, paragraphs 214 and 215 of Italian law no. 178 of 30…

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04.02.2021

Nctm is "Law Firm of the year - Practice M&A Small Cap"

Nctm Studio Legale has been honored as "Law Firm of the year - Practice M&A Small Cap ” at “The Lawyer European Awards 2020”.

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03.02.2021

Calendar provisioning: discussion points on management of non-performing exposures given the impact of the Covid-19 pandemic

From Dirittobancario.it   Table of Contents: 1. Introduction; 2. The regulatory framework; 3. The regulation of calendar provisioning; 4. The impact of the Covid-19 pandemic; 5. The potential effects…

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29.01.2021

IVASS publishes Provisions no. 108/2021 and 109/2021, which envisage the extension of the deadlines for the temporary suspension of unrealized losses in short term financial assets and the deadlines for the application of the EU International Financial Re

With Provision No. 108/2021 of 27 January 2021, IVASS amended Regulation No. 43/2019 by aligning the insurance regulatory framework with the new provisions laid down in the Decree of the Ministry of…

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20.01.2021

Art and arbitration: an overview in light of the new Regulations on Arbitration in the Art Sector of the Venice Chamber of Arbitration

The national and international context of reference. The dynamism of the contemporary art market made a more structured organisation of the heterogeneous set of legal-economic knowledge - now…

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20.01.2021

The so-called "Superbonus" introduced by the Relaunch Decree

The purpose of this document is to briefly analyse the changes introduced by the Decree on Tax deductions for certain categories of entities implementing restructuring fulfilling specific energy efficiency…

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18.01.2021

IVASS Provision No. 107 of 12 January 2021: amendment to the definition of "portfolio" as set forth by ISVAP Regulation No. 14/2008 (effects on the transfer and management of a portfolio in run-off of insurance contracts)

With provision No. 107/2021, IVASS amended the definition of "portfolio" provided by article 2, paragraph 1, letter f) of ISVAP Regulation No. 14/2008 (by deleting the words: "the portfolio may not be…

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12.01.2021

The new definition of default

Introduction This alert looks at the new definition of default for prudential purposes which came into force on the 1st January 2021 and is applicable to all European financial intermediaries. New…

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12.01.2021

Pre-retirement and expansion agreement

The purpose of this brief note is to summarise and analyse the measures introduced by Law No. 178 of 30 December 2020 (the “2021 Budget Law”) on expansion and pre-retirement agreements. The new…

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