News

• SVS Securities PLC can no longer provide regulated activities in Italy
• AFX Markets Limited can no longer provide regulated activities in Italy (9 August 2019)
• Press Release August 1th, 2019 - Brexit: Consob updates the Communications published in relation to the case of the United Kingdom leaving the EU without a withdrawal agreement ("no-deal")
• Consob Operational Guides on systematic internalisers and commodity derivatives published (August 1st, 2019)
• Amendments to the issuers' regulation in compliance with Regulation (EU) 2017/1129 relating to the prospectus to be published for the public offer or the admission to trading of securities on a regulated market - Results of the consultation (July 30th, 2019)
• Be aware of fraud! Consob intervenes for the first time to block unauthorized trading online websites - Implementation of the new supervisory powers given to the Authority by the "decree for growth" (Press Release July 30th, 2019)
• Notice regarding the Guidelines issued by ESMA on the application of section C, points 6) and 7) of Annex I of Directive 2014/65 / EU MiFID II (25 July 2019)
• AFX Capital Markets Ltd: suspension of the authorization (19 July 2019)
• Consob has launched two public consultations (only in italian) with the market on the subject of: 1) Guidelines on the performance of operations on own shares and Communication on the repurchase of bonds; 2) Criteria for controlling the prospectus within the framework of the EU Regulation no. 1129/2017 and the EU Delegated Regulation n. 980/209 (19 July 2019)
• "Be aware of fraud!" fight against illegal financial operations on the web - 35 new supervisory interventions between may and june of the current year, 95 from the beginning of 2019 – unavailability of a registered office: several companies do not disclose from which country they operate (Press release – 15th july)
• Published the new Fintech Bulletin n. 5/19: "Marketplace lending: towards new forms of financial intermediation?"
• Published the Consob Statistical Bulletin n. 14
• Consob Communication for investor protection on a so-called "City Group Italy banking group" which proposes to recover investor credits lost through trading online
• Amendments to the Issuers' regulation regarding corporate transparency: consultation document - June 27^th, 2019 (only italian version)
• Binary options and Contracts for Difference: Consob adopts prohibition and restriction measures (press release 21 June 2019)
• Call for papers: Consob Conference - Bocconi - Esma "Securities markets: trends, risks and policies" (Milan, Bocconi University, 12th March, 2020)
• Emir Regulatory Fitness and Performance Program (Refit): Publication of the reporting forms relating to the clearing threshold and for the notification of the exemption from the reporting obligation of intercompany derivative contracts (June 21^st, 2019)
• Consob launched today two public consultations: 1) amendments to the Issuers' Regulations for the adaptation to Regulation (EU) 2017/1129 regarding information prospectuses for the public offer or for the admission to the trading of securities in a regulated market; 2) amendments to the Regulation relating to Crowdfunding for the implementation of the 2019 budget law (Law no. 145 of 30 December 2018).
• Consob Notice of 17 June 2019 regarding compliance with the Guidelines issued by ESMA regarding the limitation of procyclical margins of central counterparties
• Documentation and Video related to Consob annual meeting with the financial market (14^th June 2019)
• Financial Education Month is back: registrations for the October 2019 edition are open at quellocheconta.gov.it (Press Release of June 12^th, 2019)
• Notice regarding compliance  with the ESMA Guidelines  on the management of conflicts of interest for central counterparties
• Consob and State Police sign the agreement on prevention and contrast of web crimes (Press release of June 4^th, 2019)
• CONSOB's annual meeting with the financial market in Milan on June 14
• CONSOB's first financial education paper published