NTFs In The Luxury Business
- Posted By Lucilla Margherita
- |
- 14 February 2022
The recent spread of “Non-Fungible Tokens” (“NFTs”) in the luxury business (fashion, art, music, cinema, yachting, etc.) is rapidly changing the perspective of distribution and retail, leading to a new concept of art and luxury, disconnected from the dimensions of…
Marketing and ‘Chinese Boxes’: In the Event of a Breach of Privacy, Is the Commissioner Also Liable for the Companies He Uses?
- Posted By Pierangela Rodilosso
- |
- 14 February 2022
Entrusting a promotional campaign to a marketing company may also entail liability for the commissioner in the event of a breach of privacy legislation. In fact, on 25 November 2021, the Authority for Personal Data Protection, at the request of two complainants who complained…
Important Developments on the Duration of Stay of Seafarers on Board Long-Term Moored Ships
- Posted By Gianfranco Puopolo
- |
- 7 February 2022
Ships are often moored for a long – term in ports or shipyards, while seafarers are regularly on-board to carry out their tasks. Up to 2020, extra-Schengen seafarers were regularly signed on with long-term moored ships where they could remain…
Non-Fungible Token: Introduction
- Posted By Giovanna Aucone
- |
- 7 February 2022
Today blockchain, NFT, smart contracts, and crypto-assets are words increasingly used in the Web 3.0 world. They describe concepts that are disrupting the economic and business world and gaining reliability in markets very different from each other (among which, by…
IVASS Updates the FAQ for Insurance Companies Based in the EEA: Requirements for Operating in Italy
- Posted By Giovanna Aucone
- |
- 7 February 2022
On February 1st IVASS updated the FAQ for companies with registered offices in a country of the European Economic Area which intend to operate in Italy under the regime of establishment or free provision of services. Below is the clarification…
REQUIREMENTS OF THE SHAREHOLDERS’ RESOLUTION TO BRING A CORPORATE LIABILITY ACTION
- Posted By Giovanna Aucone
- |
- 3 February 2022
Pursuant to Article 2393 of the Italian Civil Code, a liability action against corporate bodies requires a resolution of the shareholders, since the latter constitutes the formal and mandatory way of expressing the company’s will and therefore no equivalent to…
Communication of Data and Information on Non-Life Premiums: IVASS Regulation Under Public Consultation
- Posted By Giovanna Aucone
- |
- 3 February 2022
IVASS has opened for public consultation the draft Regulation containing provisions relating to the communication to IVASS of data and information on non-life premiums collected by companies through single intermediaries and through management activities. This is the Regulation adopted pursuant…
Clarifications of the Court of Cassation on the Nullity of Bringing the Legal Claim to the Knowledge of Others or Nullity of the Vocatio in Ius
- Posted By Federica Colarieti
- |
- 1 February 2022
In the very recent judgment no. 2258 of 26 January 2022, the United Sections of the Supreme Court ruled on a particularly important procedural law question expressed in the interlocutory order of the third section of the Court no. 18297/2021….
AML PACKAGE: TOWARD NEW EUROPEAN LEGISLATION
- Posted By Giovanna Aucone
- |
- 31 January 2022
The Financial Intelligence Unit for Italy (FIU) has provided updates on the ambitious European reform package, “AML Package”, aimed at strengthening the legislation on money laundering and terrorist financing, published by the European Commission on 20 July 2021. Specifically, the…
Retroactivity of the Increase in Insurance Limits
- Posted By Giovanna Aucone
- |
- 27 January 2022
On December 12, 2021, the EU Court of Justice issued sentence no. 428 expressing its opinion on the issue regarding the increase in insurance limits. According to the Court, in the light of Directive 84/5 and Directive 2009/103, a motor…