Consob works in constant cooperation with national, European and international authorities and organizations to ensure the effective performance of supervisory activities on financial markets.
Institutional cooperation is aimed at ensuring a coordinated approach, promoting information exchange and contributing to the stability and proper functioning of the financial system.
To ensure effective supervision of markets and intermediaries and promote investor protection, Consob cooperates with the main national institutions responsible for financial and economic matters.
Cooperation takes place, among others, with the Ministry of Economy and Finance, the Bank of Italy, IVASS and other public authorities and bodies, as well as with the Guardia di Finanza and the judicial authorities, through operational coordination, information exchange and joint initiatives.
At European level, Consob actively participates in the work of ESMA (European Securities and Markets Authority), the European authority responsible for the regulation and supervision of financial markets, contributing to the development of the EU regulatory and supervisory framework.
It also takes part in the activities of the Committee of European Auditing Oversight Bodies (CEAOB), cooperating with other national authorities responsible for statutory audits in order to ensure high standards of audit quality and independence.
At international level, Consob participates in the main cooperation bodies among financial market supervisory authorities.
In particular, it takes part in the activities of IOSCO (International Organization of Securities Commissions), contributing to the development of global standards and the coordination of supervisory activities, as well as to other multilateral initiatives aimed at strengthening international cooperation and the stability of financial markets.
Alongside institutional cooperation, the Authority participates in committees, observatories and cooperation initiatives involving academia and other qualified stakeholders, aimed at market analysis, dialogue with stakeholders and support for institutional activities.
