31.10.2018

Participative Financial instruments: an Italian approach to Sukuk? (Part II)

As mentioned in the first of this series of articles, the so-called participative financial instruments (PFIs) (strumenti finanziari partecipativi) have been introduced by the company law reform in 2004…

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19.09.2018

Participative financial instruments: an Italian approach to Sukuk? Introduction (Part I)

In 2017, a law proposal on the taxation of Islamic financial transactions was presented to the Italian parliament, but it was not approved as the legislation came to an end and a new parliament was elected…

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22.08.2018

Banks, default and public confidence: waiting for decision from the new Government

The Italian banking world is currently going through a period of deep-rooted change. Last year, certain Italian banks took centre stage in the media, namely: Monte Paschi di Siena, a bank having a long…

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07.08.2018

Private equity: Alpha raggiunge accordo per controllo Calligaris

PRIVATE EQUITY: ALPHA RAGGIUNGE ACCORDO PER CONTROLLO CALLIGARIS MILANO (MF-DJ)--Alpha Private Equity Fund 7 ha raggiunto un accordo per l'acquisizione dalla famiglia Calligaris del controllo del gruppo…

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28.07.2018

Nctm ha assistito AXA IM – Real Assets e Pradera nell’acquisizione del Centro Commerciale 8 Gallery

Nctm Studio Legale ha assistito AXA Investment Managers - Real Assets ("AXA IM - Real Assets”) e Pradera Limited (“Pradera”), per conto dei propri investitori, nell'acquisizione del Centro Commerciale 8…

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27.07.2018

Italy: Developments of the alternative investment market

Alternative Investment Market (AIM) Italia is the market of Borsa Italiana (the Italian stock exchange) established on the 1st March 2012 and devoted to Italian SMEs with high growth potential, which are…

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30.05.2018

Still hoping for an Italian sovereign Sukuk issuance

According to a recent press release of the Ministry of Finance, the value of Italian public real estate assets — some one million cadastral units with a surface of 325 million square meters — is in the…

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18.04.2018

Italy: What next after the general elections?

At the recent general elections last March the majority of votes went to the two populist parties. It remains to be seen whether they will be able to form a government after a fierce fight during the…

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29.03.2018

Islamic Finance: Italy has significant potential

As well summarised by the ECB in occasional paper No. 146 from June 2013 “Islamic Finance in Europe”, Islamic finance is based on four main principles, which are all derived from the Quran and Sunna. The…

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22.03.2018

Italian cooperatives looking for financing

Italian cooperatives are a major component of the national economy, operating in many sectors, and in some of them (as well as in some regions) have a very large market share. The cooperative model…

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15.03.2018

La tutela marciana nel Testo Unico Bancario

Introduzione Nell’ambito delle recenti riforme del sistema del credito bancario, il legislatore si è servito dello schema del patto marciano al fine di agevolare il soddisfacimento delle ragioni…

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06.03.2018

Regolamento UE sulle cartolarizzazioni

Quadro generale Il presente documento analizza i contenuti del regolamento (UE) 2017/2402 che stabilisce un quadro generale per la cartolarizzazione e instaura un quadro specifico per le…

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