Bank of Italy escapes supervisory power limit

Italy's lower house of Parliament voted on Wednesday 2 March not to remove the Bank of Italy's authority over competition and mergers in the banking sector.

Legislators voted to preserve all five Italian regulatory agencies - the central bank, the stock market watchdog, the antitrust authority, and the pensions and insurance regulators - rather than create an all-powerful single authority, as in the UK.

The votes overturned measures approved at committee level aimed at transferring oversight of

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: