Regulator interview: Consob in the spotlight

Continuing our series of interviews with national regulators, Structured Products offers the responses of Marcello Minenna, head of quantitative analysis at Commissione Nazionale per le Società e la Borsa, at conferences and in interview explaining how the Italian securities and exchange commission operates and fits in with the other Italian regulators relevant to structured products. By Richard Jory


Which government departments are responsible for the regulation of retail and institutional structured products in your country?

In Italy, the government departments responsible for retail and institutional structured products are Commissione Nazionale per le Società e la Borsa (Consob), the Bank of Italy and the Institute for the Surveillance on Private Insurance Companies (Isvap).

Explain the legislative responsibilities for the governance of retail and/or institutional structured products in

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