The Supreme Court of Cassation has pronounced a historic sentence marking a turning point in the question of attributing medical liability in cases where nosocomial infections have arisen. The decision refers to those infections that the patient allegedly contracts within the hospital or other healthcare facilities and establishes that they cannot fall within the objective […]
On 2 May 2023, the European Banking Authority (EBA) published the first version of a new “interactive” signposting tool for supervisory reporting. The new Tool comes in response to recent changes in the costs of supervisory reporting requirements based on the size of the institute, and has the aim of supporting banks in identifying and […]
Until 12 June 2023, the document on the “Instructions of the Bank of Italy, COVIP, IVASS and MEF for the exercise of enhanced controls on the work of authorized intermediaries to counter the financing of companies producing antipersonnel mines, cluster munitions and submunitions” is in joint public consultation. In compliance with law 220/2021 and in […]
Art. 44, paragraph 2, of Decree-Law 48/2023, published in the Official Gazette on 4 May 2023, provides for an increase in the TMR rate (and consequently the IVCA rate) to 0.6% as from the 2023 tax year. To date, it is unclear whether the new rate will apply immediately to the payment due on 30 […]
The change The Italian Legislative Decree n. 156/2022 amended article 301 of the TULD (Italian Consolidated Text of Custom Laws), allowing the possibility of equivalent value confiscation for the offence of smuggling when it is not possible to proceed with the direct confiscation of the product or the profit of the crime. The introduction of […]
On the 10th of May 2023, IVASS Provision No.131/2023 was published on the website of the Institute for the Supervision of Insurance. This document contains amendments and additions in the field of sustainable finance to the following four regulations in order to bring the Italian secondary legislation in line with the already directly applicable European […]
From a fiscal point of view, careful attention should be paid to VAT issues. When purchasing from an Italian shipyard, the general rule is that the price is subject to 22% VAT. However, there are some specific cases in which it is possible to take advantage of Legal non-taxable regimes . In particular: ■ In […]
With provision no. 112, as of 30 March 2023 the Italian Data Protection Authority (GDPA – The Guarantor for the protection of personal data in Italy) ordered the immediate temporary limitation on the processing of all personal data of the interested parties concerned in the Italian territory on the ChatGPT platform, the intelligent chatbot developed […]
INTRODUCTION The construction and purchase of yachts in Italy is a rather complex procedure from a legal and fiscal point of view. For this reason, in order to ensure the best possible experience, it is advisable for the buyer to be assisted by experts in Italian maritime law and taxation in order to minimise the […]
The Insurance sector adopts a Decarbonisation ‘Road Map’. The Net Zero Insurance Alliance (NZIA) an agreement between major Global Insurance companies signed within the UN framework, published the first Protocol in defining objectives for a Low-Carbon Economy on the occasion of the annual meeting of the World Economic Forum in Davos Switzerland. The Alliance , […]
