EBA – Pubblica consultazione in materia di gestione dei rischi ambientali, sociali e di governance (ESG)

Lo scorso 18 gennaio, l’Autorità Bancaria Europea (EBA), ha avviato una pubblica consultazione sulla bozza di Linee Guida relativa alla gestione dei rischi ambientali, sociali e di governance (Environmental Social Governance – ESG), che stabilisce dei requisiti che gli enti creditizi devono integrare nei loro processi ai fini dell’identificazione, della misurazione, gestione e monitoraggio di tali […]

EBA – Public Consultation on environmental, social, and governance (ESG) Risk Management

On January 18th, the European Banking Authority (EBA) published a draft of the Guidelines for the management of environmental, social, and governance (ESG) risks. These guidelines establish requirements that credit institutions must integrate into their processes for the identification, measurement, management, and monitoring of such risks. Given the constant challenges posed to the economy by […]

Artificial Intelligence and Anticipatory Compliance: an opportunity for Enterprises

Artificial intelligence (“AI”) is the technology of simulating human intelligence processes through the creation and application of algorithms embedded in a dynamic computing environment. To simplify, AI aims at creating computers which can think and act similarly to humans. It is notorious that AI is overwhelmingly spreading, with unpredictable outcomes. In this context, on December […]

The “Made in Italy” Draft Law on Yachting

The Italian Chamber of Deputies has recently approved the “Made in Italy” Draft Law on Yachting, resulting from the discussion between “Confindustria Nautica”, the Minister of Business and Made in Italy, the Ministry of Infrastructures and Transports and the draft law’s rapporteurs. The draft law will have to be approved by the Senate. The novelties, […]

Regolamento DORA: pubblicazione del primo set di standard tecnici ESAs

Le tre autorità europee di vigilanza (“ESAs”) e cioè European Banking Authority (“EBA”), European Insurance and Occupational Pensions Authority (“EIOPA”) e European Securities and Markets Authority (“ESMA”) hanno pubblicato in data 17 gennaio 2024 il primo set di standard tecnici in attuazione del Regolamento EU 2022/2554 (Digital Operational Resilience Act o “DORA”), entrato in vigore […]

EIOPA – Analysis of internal models for non-life insurance underwriting risk

On January 4, the European Insurance and Occupational Pensions Authority (EIOPA) published the results of a European comparative study on non-life insurance underwriting risk. With the study –based on non-life insurance contracts of 75 European insurers of 31 insurance groups– was the differences in internal models have been assessed to understand if and to what […]

EIOPA – Analisi dei modelli interni per il rischio di sottoscrizione per le assicurazioni danni

L’Autorità Europea delle Assicurazioni e delle Pensioni Aziendali e Professionali (EIOPA) ha pubblicato lo scorso 4 gennaio i risultati di uno studio comparativo europeo sul rischio di sottoscrizione di contratti assicurativi danni. Lo scopo dello studio – basato sui contratti assicurativi ramo danni di 75 assicuratori europei appartenenti a 31 gruppi assicurativi – era quello […]

EBA – Opinion on the proposed amendment to Article 129 of the Capital Requirement Regulation

On January 9, 2024, the European Banking Authority (EBA) issued an opinion addressed to the Bank of Italy following the notification regarding the decision to introduce a partial derogation of Article 129, para. 1, lett. c), of the Capital Requirements Regulation, concerning the eligibility conditions for guaranteed bonds in relation to preferential risk weighting treatments. […]

ESMA – Coordination with National Competent Authorities regarding pre-trade controls according to MiFID II

Through a press release on January 11, ESMA (European Securities and Markets Authority) announced its collaboration with the National Competent Authorities (NCA) for a joint supervisory action to assess the implementation of pre-trade controls (PTC) according to MiFID II by investment firms in the EU employing algorithmic trading techniques. These PTCs, governed by the MiFID […]

EBA – Parere sulla proposta di modifica dell’articolo 129 del Regolamento sui requisiti patrimoniali

In data 9 gennaio 2024, l’Autorità Bancaria Europea (EBA) ha pubblicato un parere rivolto alla Banca d’Italia a seguito della notifica della decisione di introdurre una parziale deroga all’attuale articolo 129, par. 1, lett. c), del Regolamento sui requisiti patrimoniali (CRR), riguardante le condizioni di ammissibilità delle obbligazioni garantite in relazione ai trattamenti preferenziali di […]