On 6 February 2024, the Italian Chamber of Deputies has approved the new Italian Capital Markets Bill (DDL Capitali), which introduces several changes to foster the “competitiveness” of the Italian capital markets.
Even if the bill has not officially entered into force yet (the approval by the Italian Senate is required, albeit only for funding purposes), the new provisions regarding Italian financial and corporate law can be considered in their final form.
The main corporate law changes are:
The new bill also gives the government extensive power to put in place a deep reform of the Italian Financial Code Legislative Decree no. 58 of 24 February 1998 (TUF) within one year. This is very important, as it allows the government to update and improve other parts of the Italian law regarding listed companies and financial markets.
Authored by Pierluigi Feliciani.
Are you sure want to delete comment ?
Scan this QR Code to share this content