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09 December 2017
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Business Contracts, ICC Commission on Customs and Trade Facilitation (Paris, 9-10 November 2017), ICC Italia

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The meeting of the ICC Commission on Customs and Trade Facilitation was held in Paris at the headquarters of the International Chamber of Commerce (ICC) Discussion on the EU Customs Code and on future changes in Europe Jean-Michel Thillier, Head of Service, Directorate Génerale des Douanes and Droits Indirects spoke on the latest developments in the EU Customs Code and on future changes in Europe, including Brexit. Among the most significant innovations of the new Union Customs Code, in force since May 1, 2016, there is the centrality of the Aeo figure. In France the Authorized Economic Operators are 1700. One of...

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09 December 2017
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Banking, Reform Basel 4, less heavy rules, Ghos, Milano Finanza

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The Ghos, the body that gathers governors and central bankers, yesterday published the long-awaited details of the Basel 4 reform package. At first reading, analysts at Credit Suisse stress this morning, "the proposal is better than expected and if we are right, it could act as a catalyst for the European banking sector "for more than one reason. First of all, the planned 9-year transition period up to 2027 allows banks to build capital (no loss of capital). Secondly, despite an output floor, a minimum level for capital requirements on assets, at 72.5% with a transitional regime from 2022 to 2027,...

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09 December 2017
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Business Contracts, on 15 and 16 December in Cagliari, the International Business Exchange of Italian-Arab Companies, the Italian-Arab Cooperation Chamber

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Sardinia, after the Marches, will host the next edition of the Italo Arabian International Business Exchange. The appointment is in Cagliari on Friday 15 December (4.30 pm, opening conference at the Conference Hall of the Sardinia Foundation) and Saturday 16 December (from 9 am to 7 pm for seminars and business meetings between Italian and Arab companies in the prestigious setting of the Villa Atzeri). Now in its fifth edition, the event, with its mixed model of BtoB meetings (export and incoming) and thematic seminars, has become a national model within a few years. Indeed, there are numerous Regions that have...

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09 December 2017
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Banking and Financial, Market initiatives, Borsa Italiana launches futures on the Mid Cap index

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Starting Monday 4 December, the Italian derivatives market (IDEM) of Borsa Italiana further extends its product range with the admission to trading of the FTSE Italia PIR Mid Cap Futures. These new products respond to the growing demand from international trading companies and asset managers to access an efficient financial instrument that allows for directional trading and coverage in the segment of Italian Mid Cap stocks, which is growing rapidly following the introduction of the Personal Savings Plan (PIR) law. The new futures contract is based on the FTSE Italia PIR Mid Cap Total Return index, not only a benchmark for exchange...

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25 November 2017
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Industry 4.0 and digital economy, Important Italian presence at Tunisia investment forum, November 21, 2017

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TUNISIA - Nearly 100 Italian economic operators active in various sectors, including mechatronics, who participated in the Tunisia Investment Forum, the event organized last week by the Foreign Investment Promotion Agency and which is the main international meeting dedicated to investment in Tunisia. To report it is the newsletter of Farnesina's economic diplomacy, from which it is learned that around 1,200 operators from over 40 countries participated in the Forum. This year's event was devoted to the opportunities offered by the new Investment Act which came into force in April, following the international conference "Tunisia 2020" organized last year and the deepening...

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25 November 2017
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Maritime transport, MSC awarded 5 stars “DNV GL EXCELLENCE” for ship management

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MSC Mediterranean Shipping Company, a leader in global transportation, has received the highest certification for vessel management systems, safety, environment and efficiency. In earning the 5 Star DNV GL Excellence rating, MSC joins a select group of shipping lines which have been commended for their exceptional implementation of international standards. “I would like to thank our ship management companies in Cyprus and Sorrento for their excellent work and congratulate them for this prestigious commendation. MSC’s modern, holistic approach to applying international standards on quality, safety and environmental compliance sets us apart as a responsible, sustainable business,” said Diego Aponte, President and CEO...

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24 November 2017
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Ambassador Cantini: Egypt great opportunity for Italian businesses, November 17, 2017

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The Ambassador reaffirmed "Italy's interest in bringing relations with Egypt back on their course". During the meeting, Qabil and Cantini spoke of "the future of economic relations between the two countries and ways to strengthen the peculiar cooperation on investment and trade in the framework of the strategic partnership between Egypt and Italy". Cantini recalled that "the Italian government contributes to the development of a whole series of industrial projects in Egypt," citing the possibility of organizing a mission of Italian entrepreneurs in Egypt early next year to illustrate investment opportunities in the sectors energy, recycling, skins, furnishings, clothing, the food...

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24 November 2017
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Banking and Financial, AIM Italia reaches 90 companies: Equita Group debuts today, November 23, 2017

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Equita Group, an independent company, active in brokerage, investment banking and alternative asset management, is today part of AIM Italia. This is the 21st year of the year on the market dedicated to small and medium-sized companies, rising to 90 listed companies. At the time of the placement, the company raised 45.2 million euros, with a float at the time of admission of 42.5%. Mediobanca is Nomad, Global Coordinator and Operations Specialist. From tomorrow Equita Group will also be included in the basket of the FTSE AIM Italia index. Source Borsa Italiana...

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23 November 2017
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Pmi at the most since 2000

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According to the preliminary reading of November, the Eurozone's Pmi manufacturing index stood at 60 points, up from 58.5 points in October and beyond analysts' expectations for 58.2 points. For the indicator it is the best result of the last 211 months, only exceeded once in April 2000 since the survey was conducted (June 1997). The fastest growth in manufacturing has been accompanied by a greater expansion of the service sector, which has risen to record since May, recording one of the highest expansion values ​​in the last six and a half years. The Pmi Services Index stood at 56.2...

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