Brexit - CONSOB AND ITS ACTIVITIES
Brexit: Communications, warning notices and press releases adopted by Consob
The following section of the website contains Communications, Warning Notices and Press Releases issued by Consob with reference to Brexit
Communications and Warning Notices adopted by Consob having effect after the deal of 30 January 2020
Consob Press Releases
Communications and Warning Notice adopted by Consob under a no-deal scenario and no more applicable
Consob Communication no. 7 of 26 March 2019 - No-deal Brexit - Requirements for intermediaries who provide investment services and activities, with or without ancillary services, resulting from the adoption of Decree Law no. 22 of March 25, 2019 laying down the transitional regime [This communication has been updated with Consob Communication no. 10 of 1 August 2019]
- UK banks and branching electronic money institutions that intend to continue operating in Italy
- UK banks and branching electronic money institutions that intend to cease operations, and UK payment institutions, non-branching electronic money institutions and asset management companies that are required to cease operations
Consob Communication no. 4 of 14 March 2019 - Contract-continuity of OTC derivatives and operations of trading venues [This communication is to be considered outdated, see Consob Communication no. 10 of 1 August 2019]
For further information see Italian Consob page on Brexit.