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Results: 1-10 of 11
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
New CONSOB regulations on related-party transactions
- Norton Rose LLP
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- Italy
- -
- May 3 2010
On 12 March 2010, the Italian Securities Authority (CONSOB), with resolution no. 17221, enacted new regulations for related-party transactions
CONSOB and Bank of Italy position paper on central securities depositary for the dematerialisation of units of open-end funds
- Norton Rose LLP
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- Italy
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- December 21 2009
Notwithstanding that Italian investors still represent an interesting market for foreign UCITS, the Italian asset management industry has been registering poor results for many years
Implementation of the Transparency Directive
- Norton Rose LLP
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- Italy
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- April 27 2009
The Italian regulator (Consob) with Resolution No. 16850 of 1 April 2009 has completed the implementation process of the Transparency Directive (Directive 2004109CE) by amending, inter alia, Consob Regulation no. 11971 dated 14 May 1999
Supreme Court decision on taxation of cross-border dividends distributions
- Norton Rose LLP
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- Italy
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- March 25 2009
In their decision No. 4600 of 26 February 2009, the Italian Supreme Court (Corte di Cassazione) considered the tax treaty entitlement of a Japanese fund in relation to dividends distributed by Italian companies via a US limited liability partnership
Italian regulators recommendation on disclosure obligations for the next financial reports
- Norton Rose LLP
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- Italy
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- March 11 2009
In an attempt to reduce uncertainties and negative reactions from investors, the Italian financial regulators (ISVAP, the Bank of Italy, and CONSOB for the financial services industry) have issued a joint recommendation on the information to be provided in financial statements
Short sales prohibition extended until 28 February 2009
- Norton Rose LLP
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- Italy
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- February 16 2009
With resolution No. 16781 of 29 January 2009, Consob resolved to extend until 12pm on 28 February 2009 the prohibition on short sales, without introducing amendments to the previous resolution of 30 December 2008
Changes on the investment funds regulatory framework in Italy: implementation of Directive 200716CE on Eligible Assets for UCITS
- Norton Rose LLP
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- Italy
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- September 1 2008
This short article provides an update on the implementation of Directive 200716CE on Eligible Assets for UCITS (Eligible Assets Directive) in Italy
Deemed Italian tax residence for foreign entities holding interests in Italian closed real estate funds
- Norton Rose LLP
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- Italy
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- July 8 2008
The Decree introduced an anti-avoidance rule, in order to combat the setting-up of foreign entities with no effective tax residence abroad, holding interests in Italian closed real estate funds
Changes to the tax treatment of real estate funds
- Norton Rose LLP
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- Italy
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- July 8 2008
Starting as from FY 2008, closed real estate funds are subject to a 1 per cent wealth tax
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- Firm Name - Norton Rose LLP
- Jurisdiction - Italy
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