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On December 23, 2011, the Italian Financial Authority, Consob, adopted resolution no. 18049 that amends Consob Regulation no. 11971 of May 14, 1999 in order to implement at the regulatory level the more general law on executive compensation of Italian listed companies set out in Article 123-ter of Legislative Decree no. 58 of February 24, 1998
On December 5, 2011, the Committee for Corporate Governance published a revised code of Corporate Governance (the Corporate Governance Code or Codice di Autodisciplina) for listed companies (the New Code
On April 5, 2011, CONSOB, the Italian Financial Regulator, approved Resolution no. 17731 that contains several amendments to the rules on cash tender offers and exchange offers set forth in CONSOB regulation 119711999 and completes the implementation in Italy of the EU Takeover Bids Directive (Directive 200425EC) begun in 2007 with the reform of Legislative Decree 581998 (the Single Financial Act
Legislative Decree No. 27, dated 27 January 2010 (the Decree), implemented in Italy the Directive 200736CE on Shareholders’ Rights, introducing several significant amendments to the legal framework applicable to the rights of shareholders of listed companies, as outlined below
