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In brief legal changes around the competition world
- Norton Rose LLP
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- Australia, Canada, Hong Kong, Italy, Singapore, South Africa, United Kingdom
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- July 16 2012
On 6 June 2012, new rules came into effect in Australia concerning information exchanges between banks
Life sciences: an Italian court limits the scope of the “essential facilities” doctrine
- Norton Rose LLP
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- Italy
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- July 16 2012
The scope of competition law’s controversial “essential facilities” doctrine has come under the spotlight in a ruling by an Italian court, the regional administrative court of Lazio, in May this year
New CONSOB regulations on related-party transactions
- Norton Rose LLP
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- Italy
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- May 24 2010
On 12 March 2010, the Italian Securities Authority (CONSOB), pursuant to resolution no. 17221, enacted new regulations for related-party transactions (the New Regulation
Bank of Italy calls for greater transparency over the distribution of insurance policies sold in connection to revolving credit cards
- Norton Rose LLP
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- Italy
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- May 11 2010
On 20 April 2010, the Bank of Italy, the supervising authority for the Italian banking market, published guidance for banks and other financial institutions who are involved in the revolving credit card market
New Italian regulation on the distance marketing of insurance products
- Norton Rose LLP
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- Italy
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- May 5 2010
On 19 March 2010, the Italian insurance regulator, ISVAP, enacted a new regulation on the distance marketing of insurance products
New CONSOB regulations on related-party transactions
- Norton Rose LLP
- -
- Italy
- -
- May 3 2010
On 12 March 2010, the Italian Securities Authority (CONSOB), with resolution no. 17221, enacted new regulations for related-party transactions
Italy introduces mandatory mediation for insurance disputes
- Norton Rose LLP
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- Italy
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- April 15 2010
New legislation to make mediation mandatory in all insurance disputes in Italy will be of interest to any (re)insurers operating in the jurisdiction
The applicability of substitute tax to loans executed abroad: a paradox for shipping finance transactions
- Norton Rose LLP
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- Italy
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- April 1 2010
Shipping finance transactions are often executed outside of Italian national territory, even when some or all of the relevant parties to the transaction are Italian
Italian authorities issue a document concerning transparency obligations of companies
- Norton Rose LLP
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- Italy
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- March 17 2010
On 3 March 2010, Banca d'Italia (the Italian central bank), CONSOB (the financial market supervisory authority) and ISVAP (the insurance market supervisory authority) issued a paper on the application of IASIFRS
Bank of Italy requires insurance policies to be included in calculation of percentage rate of charge
- Norton Rose LLP
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- Italy
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- February 18 2010
In summer 2009, the Bank of Italy (the Italian central bank) published a set of instructions to be used by banks and other financial institutions in calculating their Percentage Rate of Charge ("Tasso Effettivo Globale") which they are required to communicate to the Bank of Italy on a quarterly basis
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