Conciliation and Arbitration Chamber

The Conciliation and Arbitration Chamber housed on Consob premises was founded on the provisions of the Italian Investment Protection Law (no. 262/2005), enacted by Legislative Decree 179/2007, and later governed in organisational and procedures terms by Consob Regulation no. 16763 of 29 December 2008.

The Chambers is the organisation responsible for the administration of conciliation and arbitration proceedings involving disputes arising between investors and financial intermediaries regarding compliance with disclosure obligations, correctness and transparency as envisaged in the contractual relations with customers and regarding investment or asset management services.

On 18 February 2010 the Chamber issued its articles of association, later approved by Consob Resolution on 4 March 2010, and the code of ethics for conciliators and arbitrators registered on its lists, again approved by Consob on 4 March 2010.

The main users of the Chamber (investors, intermediaries, conciliators and arbitrators) can use the dedicated web site www.camera-consob.it to consult sector regulations and obtain all information on the Chamber’s operations.