{"id":6044,"date":"2020-09-02T18:42:12","date_gmt":"2020-09-02T16:42:12","guid":{"rendered":"https:\/\/mazzalex.com\/?p=6044"},"modified":"2020-09-02T18:42:12","modified_gmt":"2020-09-02T16:42:12","slug":"financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020","status":"publish","type":"post","link":"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/","title":{"rendered":"Financial, Financial intermediation, Duties of the Board of Statutory Auditors, “Substantial Correctness”, Court of Cassation, II Section. civ., Judgment n. 14708 of 10\/07\/2020"},"content":{"rendered":"

With regard to administrative sanctions for violation of the provisions on financial intermediation, where transactions with “related parties” are carried out, the auditors cannot limit themselves to an extrinsic verification of compliance with legal procedures, having the duty to disclose the critical issues for lack of “substantial correctness”, due to lack of independence of the “adivsor”, resulting from emergencies and the non-compliance of the procedure with the purpose of the law, which is to prevent silent company emptying.<\/p>\n

Source Supreme Court of Cassation<\/p>\n","protected":false},"excerpt":{"rendered":"

With regard to administrative sanctions for violation of the provisions on financial intermediation, where transactions with “related parties” are carried out, the auditors cannot limit themselves to an extrinsic verification of compliance with legal procedures, having the duty to disclose the critical issues for lack of “substantial correctness”, due to lack of independence of the “adivsor”, resulting from emergencies and the non-compliance of the procedure with the purpose of the law, which is to prevent silent company emptying. Source Supreme Court of Cassation<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[223],"tags":[],"yoast_head":"\nFinancial, Financial intermediation, Duties of the Board of Statutory Auditors, "Substantial Correctness", Court of Cassation, II Section. civ., Judgment n. 14708 of 10\/07\/2020 - Studio Legale Mazza<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial, Financial intermediation, Duties of the Board of Statutory Auditors, "Substantial Correctness", Court of Cassation, II Section. civ., Judgment n. 14708 of 10\/07\/2020 - Studio Legale Mazza\" \/>\n<meta property=\"og:description\" content=\"With regard to administrative sanctions for violation of the provisions on financial intermediation, where transactions with “related parties” are carried out, the auditors cannot limit themselves to an extrinsic verification of compliance with legal procedures, having the duty to disclose the critical issues for lack of “substantial correctness”, due to lack of independence of the “adivsor”, resulting from emergencies and the non-compliance of the procedure with the purpose of the law, which is to prevent silent company emptying. Source Supreme Court of Cassation\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Studio Legale Mazza\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-02T16:42:12+00:00\" \/>\n<meta name=\"author\" content=\"mazza\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Mazzalexstudio\" \/>\n<meta name=\"twitter:site\" content=\"@Mazzalexstudio\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mazza\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/\"},\"author\":{\"name\":\"mazza\",\"@id\":\"http:\/\/mazzalex.internet-idee.net\/#\/schema\/person\/731fd74080aa9fce36c989512a0171c7\"},\"headline\":\"Financial, Financial intermediation, Duties of the Board of Statutory Auditors, “Substantial Correctness”, Court of Cassation, II Section. civ., Judgment n. 14708 of 10\/07\/2020\",\"datePublished\":\"2020-09-02T16:42:12+00:00\",\"dateModified\":\"2020-09-02T16:42:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/\"},\"wordCount\":104,\"publisher\":{\"@id\":\"http:\/\/mazzalex.internet-idee.net\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/\",\"url\":\"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/\",\"name\":\"Financial, Financial intermediation, Duties of the Board of Statutory Auditors, \\\"Substantial Correctness\\\", Court of Cassation, II Section. civ., Judgment n. 14708 of 10\/07\/2020 - Studio Legale Mazza\",\"isPartOf\":{\"@id\":\"http:\/\/mazzalex.internet-idee.net\/#website\"},\"datePublished\":\"2020-09-02T16:42:12+00:00\",\"dateModified\":\"2020-09-02T16:42:12+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mazzalex.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Financial, Financial intermediation, Duties of the Board of Statutory Auditors, “Substantial Correctness”, Court of Cassation, II Section. civ., Judgment n. 14708 of 10\/07\/2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"http:\/\/mazzalex.internet-idee.net\/#website\",\"url\":\"http:\/\/mazzalex.internet-idee.net\/\",\"name\":\"Studio Legale Mazza\",\"description\":\"\",\"publisher\":{\"@id\":\"http:\/\/mazzalex.internet-idee.net\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"http:\/\/mazzalex.internet-idee.net\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"http:\/\/mazzalex.internet-idee.net\/#organization\",\"name\":\"Studio Legale Mazza\",\"url\":\"http:\/\/mazzalex.internet-idee.net\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\/\/mazzalex.internet-idee.net\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mazzalex.com\/wp-content\/uploads\/2017\/11\/logo.jpg\",\"contentUrl\":\"https:\/\/mazzalex.com\/wp-content\/uploads\/2017\/11\/logo.jpg\",\"width\":192,\"height\":193,\"caption\":\"Studio Legale Mazza\"},\"image\":{\"@id\":\"http:\/\/mazzalex.internet-idee.net\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/Mazzalexstudio\",\"https:\/\/www.linkedin.com\/in\/avv-roberto-mazza-742145151\/\",\"https:\/\/www.youtube.com\/channel\/UCovWroTPUARTm1797nKwY8A\"]},{\"@type\":\"Person\",\"@id\":\"http:\/\/mazzalex.internet-idee.net\/#\/schema\/person\/731fd74080aa9fce36c989512a0171c7\",\"name\":\"mazza\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\/\/mazzalex.internet-idee.net\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/23793ff27b35f644e9a7b927a702b798?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/23793ff27b35f644e9a7b927a702b798?s=96&d=mm&r=g\",\"caption\":\"mazza\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Financial, Financial intermediation, Duties of the Board of Statutory Auditors, \"Substantial Correctness\", Court of Cassation, II Section. civ., Judgment n. 14708 of 10\/07\/2020 - Studio Legale Mazza","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/","og_locale":"en_US","og_type":"article","og_title":"Financial, Financial intermediation, Duties of the Board of Statutory Auditors, \"Substantial Correctness\", Court of Cassation, II Section. civ., Judgment n. 14708 of 10\/07\/2020 - Studio Legale Mazza","og_description":"With regard to administrative sanctions for violation of the provisions on financial intermediation, where transactions with “related parties” are carried out, the auditors cannot limit themselves to an extrinsic verification of compliance with legal procedures, having the duty to disclose the critical issues for lack of “substantial correctness”, due to lack of independence of the “adivsor”, resulting from emergencies and the non-compliance of the procedure with the purpose of the law, which is to prevent silent company emptying. Source Supreme Court of Cassation","og_url":"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/","og_site_name":"Studio Legale Mazza","article_published_time":"2020-09-02T16:42:12+00:00","author":"mazza","twitter_card":"summary_large_image","twitter_creator":"@Mazzalexstudio","twitter_site":"@Mazzalexstudio","twitter_misc":{"Written by":"mazza"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/#article","isPartOf":{"@id":"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/"},"author":{"name":"mazza","@id":"http:\/\/mazzalex.internet-idee.net\/#\/schema\/person\/731fd74080aa9fce36c989512a0171c7"},"headline":"Financial, Financial intermediation, Duties of the Board of Statutory Auditors, “Substantial Correctness”, Court of Cassation, II Section. civ., Judgment n. 14708 of 10\/07\/2020","datePublished":"2020-09-02T16:42:12+00:00","dateModified":"2020-09-02T16:42:12+00:00","mainEntityOfPage":{"@id":"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/"},"wordCount":104,"publisher":{"@id":"http:\/\/mazzalex.internet-idee.net\/#organization"},"articleSection":["News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/","url":"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/","name":"Financial, Financial intermediation, Duties of the Board of Statutory Auditors, \"Substantial Correctness\", Court of Cassation, II Section. civ., Judgment n. 14708 of 10\/07\/2020 - Studio Legale Mazza","isPartOf":{"@id":"http:\/\/mazzalex.internet-idee.net\/#website"},"datePublished":"2020-09-02T16:42:12+00:00","dateModified":"2020-09-02T16:42:12+00:00","breadcrumb":{"@id":"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/mazzalex.com\/en\/financial-financial-intermediation-duties-of-the-board-of-statutory-auditors-substantial-correctness-court-of-cassation-ii-section-civ-judgment-n-14708-of-10-07-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mazzalex.com\/en\/"},{"@type":"ListItem","position":2,"name":"Financial, Financial intermediation, Duties of the Board of Statutory Auditors, “Substantial Correctness”, Court of Cassation, II Section. civ., Judgment n. 14708 of 10\/07\/2020"}]},{"@type":"WebSite","@id":"http:\/\/mazzalex.internet-idee.net\/#website","url":"http:\/\/mazzalex.internet-idee.net\/","name":"Studio Legale Mazza","description":"","publisher":{"@id":"http:\/\/mazzalex.internet-idee.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/mazzalex.internet-idee.net\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"http:\/\/mazzalex.internet-idee.net\/#organization","name":"Studio Legale Mazza","url":"http:\/\/mazzalex.internet-idee.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/mazzalex.internet-idee.net\/#\/schema\/logo\/image\/","url":"https:\/\/mazzalex.com\/wp-content\/uploads\/2017\/11\/logo.jpg","contentUrl":"https:\/\/mazzalex.com\/wp-content\/uploads\/2017\/11\/logo.jpg","width":192,"height":193,"caption":"Studio Legale Mazza"},"image":{"@id":"http:\/\/mazzalex.internet-idee.net\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/Mazzalexstudio","https:\/\/www.linkedin.com\/in\/avv-roberto-mazza-742145151\/","https:\/\/www.youtube.com\/channel\/UCovWroTPUARTm1797nKwY8A"]},{"@type":"Person","@id":"http:\/\/mazzalex.internet-idee.net\/#\/schema\/person\/731fd74080aa9fce36c989512a0171c7","name":"mazza","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/mazzalex.internet-idee.net\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/23793ff27b35f644e9a7b927a702b798?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/23793ff27b35f644e9a7b927a702b798?s=96&d=mm&r=g","caption":"mazza"}}]}},"_links":{"self":[{"href":"https:\/\/mazzalex.com\/en\/wp-json\/wp\/v2\/posts\/6044"}],"collection":[{"href":"https:\/\/mazzalex.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mazzalex.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mazzalex.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mazzalex.com\/en\/wp-json\/wp\/v2\/comments?post=6044"}],"version-history":[{"count":1,"href":"https:\/\/mazzalex.com\/en\/wp-json\/wp\/v2\/posts\/6044\/revisions"}],"predecessor-version":[{"id":6045,"href":"https:\/\/mazzalex.com\/en\/wp-json\/wp\/v2\/posts\/6044\/revisions\/6045"}],"wp:attachment":[{"href":"https:\/\/mazzalex.com\/en\/wp-json\/wp\/v2\/media?parent=6044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mazzalex.com\/en\/wp-json\/wp\/v2\/categories?post=6044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mazzalex.com\/en\/wp-json\/wp\/v2\/tags?post=6044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}