The Italian Companies and Stock Exchange Commission (Consob) and the Bank of Italy signed a new Memorandum of Understanding (Mou) aiming at strengthening cooperation between Abf (Arbitro Bancario Finanziario) and Acf (Arbitro per le Controversie Finanziarie) in order to pursue a higher and more effective level of investors protection.

The new Memorandum of Understanding promotes the exchange of information amongst the two alternative dispute resolutions mechanisms (Adr) on common interest topics and on coordination methods useful in steering investors towards the identification of the competent body.