On April 11th, the European Supervisory Authorities (ESAs), ESMA, EBA and EIOPA, announced the launch of a voluntary trial run regarding collection of the registers of information of contractual arrangements on the use of ICT third-party service providers by the financial entities requested under the DORA (Regulation) in May 2024. The dry run exercise has […]
italian version
ESAs – Prova generale per l’attuazione del Regolamento DORA (Digital Operational Resilience Act)
18
Apr
Apr
Lo scorso 11 aprile le Autorità Europee di vigilanza ESMA, EBA e EIOPA (congiuntamente, ESAs) hanno annunciato che a partire dal prossimo mese di maggio sarà lanciato un esercizio volontario avente ad oggetto la comunicazione degli accordi contrattuali con i fornitori terzi di servizi ICT sottoscritti dagli istituti finanziari, come previsto dal Regolamento DORA (Digital […]
17
Apr
Apr
On April 4th, EIOPA published a document on the supervision of reinsurance activity with companies operating in third countries, following the provisions of Directive 2009/138/CE (Solvency II) and Annex Delegated Regulation (EU) 2015/35. The document highlights risks arising from reinsurance activities with reinsurers operating in a regulatory framework different than that regulated by the Solvency […]
17
Apr
Apr
EIOPA ha pubblicato in data 4 aprile un documento concernente l’attività di vigilanza sulla riassicurazione con imprese che operano in Paesi terzi, in conformità con quanto previsto dalla Direttiva 2009/138/CE (Solvency II) ed all’annesso Regolamento Delegato (UE) 2015/35. Il documento, il cui scopo è quello di evidenziare i rischi derivanti dallo svolgimento di attività di […]
15
Apr
Apr
Gianfranco Puopolo, partner and head of the PG Legal’s Superyacht team, will be attending the Hill Robinson Technical Seminar in Carrara (Italy) on 7 May. He will be part of an expert panel discussing the role of the captain and other senior officers in the building or buying and selling process of a yacht. He […]
15
Apr
Apr
The Council of State, with the recent decision no. 10455 of December 4, 2023, reaffirmed that the state-owned maritime concessions shall be subject to public bids for tenders, as established by EU law and by the predominant EU Court of Justice’s case-law. This principle is also enshrined under article 12 of Directive 2006/123/CE (the so-called […]
15
Apr
Apr
PG Legal Superyach team is proud to announce that has assisted the International Yacht Brokers Association (IYBA) in establishing the European Chapter of the association that will have its principal seat and registered office in Rome and branches in other European countries. Gianfranco Puopolo, founding partner of PG Legal and member of IYBA is the […]
Updates
Obligation to enter the Register of Beneficial Owners back in force: TAR dismisses all petitions
10
Apr
Apr
Today (April 10, 2024) the Lazio Regional Administrative Court (“TAR”), in six judgments (6837, 6839, 6840, 6841, 6844, 6845) delivered its opinion on the Register of beneficial owners referred to in Article 21, paragraph 3, of Legislative Decree No. 231/2007, rejecting all petitions which had been filed by some fiduciary management companies which alleged the […]
italian version
Torna in vigore l’obbligo di iscrizione nel registro dei titolari effettivi: il TAR respinge tutti i ricorsi
10
Apr
Apr
In data odierna (10 aprile 2024) il TAR Lazio, con sei sentenze (n.ri 6837, 6839, 6840, 6841, 6844, 6845) ha sciolto la riserva sul registro dei titolari effettivi di cui all’articolo 21, comma 3, del d.lgs. n. 231/2007, rigettando tutti i ricorsi che erano stati presentati da alcune società fiduciarie che affermavano l’illegittimità dell’inclusione dei […]
Updates
Is the insurance company always obliged to pay the “legal defence costs” in favour of the insured?
10
Apr
Apr
In ruling no. 4275 of 16 February 2024, the Italian Court of Cassation, addressed once again the subject of ” legal defence costs ” in liability proceedings, confirming its previous rulings (precisely: ruling no. 26683 of 15 September 2023 and ruling no. 21290 of 5 July 2022). In the proceeding brought against a decision of […]