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The Bank of Italy introduced in 2015, and then amended on 10
August 2016, new reporting requirements in connection with the
placement or offering of certain securities (including debt
securities, such as high yield or plain vanilla bonds) in Italy, in
furtherance of Article 129 of Legislative Decree No. 385 dated 1
September 1993 (the Italian Banking Act). The new rules entered
into force on 1 October 2016, with a phase-in period applicable to
banks.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
