Italian Banking and Financial Law: Crisis Management Procedures, Sanctions, Alternative Dispute Resolution Systems and Tax Rules

Within an environment made difficult by the continuing economic crisis, the Italian model for crisis management and resolution has helped to avoid many difficulties faced by intermediaries across the globe. However, the Italian model for crisis management will be forced to adapt to the new EU Bank Recovery and Resolution Directive, which introduces a unified regime for such events in all EU countries. This book explores the various methods for crisis management employed in Italian finance. The authors discuss procedures used in the banking and insurance sectors, such as deposit guarantee schemes and alternative dispute resolution systems. They also explore the evolution of the administrative sanctioning systems, and the roles of tax rules and credit rating agencies in Italian finance. This book analyses the evolution of the various crisis management processes, and discusses potential goals and improvements within the context of recent measures suggested by the European Commission.

Notes On Contributors 1. Introduction: Domenico Siclari 2. Italian Crisis Management Procedures In The Banking Sector: Valeria Leggio 3. Crises Of Subjects Operating In Italian Financial And Insurance Sectors: Valeria Leggio 4. Deposit Insurance In Italy: From Italian Banking Law To EU Reforms: Francesca Francesca Pluchino 5. The Peculiar Administrative Sanctioning System For The Italian Financial Markets: Elisabetta Bani 6. Alternative Dispute Resolution Systems In Italian Banking And Finance: Evolution And Goals: Mirella Pellegrini 7. Non-Executive Independent Directors In Corporate Governance Of The Italian Banks And Listed Companies: Domenico Siclari 8. Credit Rating Agencies: Angela Troisi 9. Tax Regulation On Banking System: Massimiliano Lorenzetti