Italian regulation - Italy inches towards centralised regulation



Insurers doing business in Italy are gearing up for the latest in a sequence of changes that seek to lend greater coherence to the three-pronged regulatory structure in the country. From 1 July, disclosures for certain classes of insurance product must be made under the rules of the securities regulator, Commissione Nazionale per le Societa e la Borsa (Consob), rather than those of the Istituto per la Vigilanza sulle Assicurazioni Private e di Interesse Collettivo (Isvap), the insurance

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