Italian Banking and Financial Law: Intermediaries and Markets

In today's increasingly global and integrated financial climate, there is an amplified need for cooperation between regulators and supervisors across the globe in order to promote economic growth and maintain competitive markets. However, idiosyncrasies remain within local markets, and for those wishing to participate within them, it is necessary to understand the distinctive qualities of each. This book explores the intermediaries of the Italian financial system. It examines the banks, investment services, electronic payment institutions, insurance companies and credit rating agencies functioning in the country, to explore how Italian regulation functions within the context of a wider harmonizing trend. The authors present a study on the current control models of the Italian markets in the wake of changes induced by the privatization of public banks, the increased size and complexity of the intermediaries, the increased level of competition, and the internationalization of the financial innovation. They explain how the country's financial markets are controlled by a combination of bodies, including the State, the authorities and the market participants themselves.

1. Introduction: Domenico Siclari PART I: INTERMEDIARIES 2. Banks: Vincenzo Troiano 3. Financial Intermediaries In Investment Services Or Activities:Francesco Guarracino 4. Electronic Money Institutions And Payment Institutions: Francesco Ciraolo 5. Insurance Companies: Andrea Miglionico PART II: MARKETS 6. Regulation Of Markets In Financial Instruments In Italy And In The European Union: General Principles: Salvatore Providenti 7. Regulated Markets: Marco Sepe 8. Unregulated And Otc Markets: Fabrizio Plateroti