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February
2018
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Banking and Financial, Bank of Italy and Consob, signed integration with the Memorandum of Understanding on the Intermediary Regulation on the management of conflicts of interest that are potentially detrimental to customers
in News
The Bank of Italy and Consob have signed an addition to the Memorandum of Understanding adopted pursuant to art. 5, paragraph 5-bis, of Legislative Decree 58/1998 (TUF).
The integration enabled the Bank of Italy to issue the CONSOB agreement on the intermediary regulation issued by the latter; the agreement concerns the relevant aspects concerning the “management of conflicts of interest that are potentially detrimental to customers, including those deriving from remuneration and incentive systems”.
February 16, 2018
Source Bank of Italy
