Cancelled CONSOB Penalty for the Partner of an Audit Firm for Information Manipulation

The law firm Carbonetti e Associati, with partner Salvatore Providenti and associate Michele Mura, has achieved a significant victory, along with the Galbiati Sacchi and Associates law firm and Prof. Avv. Marco Lamandini, in a case before the Court of Appeals of Bologna. The case pertained to the appeal of an administrative penalty imposed by […]

The implementation of European whistleblowing regulations

by Salvatore Providenti, Francesca Tanzi Marlotti Following a long process, Italy has finally transposed the EU Directive 2019/1937 on whistleblowing (the “Directive“), a phenomenon originating in common law countries, which regulates, pursuant to Legislative Decree no. 24 of 10 March 2023, implementing the Directive, published in the Official Gazette no. 63 of 15 March 2023 […]

EU Directive 2022/2464: a new ESG challenge for companies

Direttiva UE 2022/2464_CSRD

Curated by Salvatore Providenti and Francesca Tanzi Marlotti With the entry into force of the CSRD Directive, Europe confirms its commitment to the creation of a framework that aims to increase corporate responsibility on sensitive sustainability issues and to spread common reporting standards. Italian companies will soon face a new challenge toward sustainable economic development. […]

New ESMA product governance guidelines: focus on the asset management sector

esma_product governace_risparmio gestito

Curated by Salvatore Providenti, Marco Coluzzi, Enrico Barmann. As is well known, the EU Directive 2014/65[1] (“MIFID II”) introduced the obligation for investment firms that make or distribute financial instruments to define and maintain adequate product governance arrangements. These provisions affect, among other things, the asset management sector, due to the inclusion – from an […]