Banks, enterprises and the protection of private investors

The conference examined the new regulations and their adequacy in protecting private investors and determining appropriate market dynamics. Particular attention was paid to the new law its accuracy in defining property, management and control. The second session focused on the new model for controlling authorities and the role of the independent authorities and management. Participants also discussed potential conflicts between the different functions of the Bank of Italy; namely monetary, controlling and competition authorities. Finally, the discussion revolved around the nature of the term mandate for the Governor and the Directorate of the Bank of Italy, as well as its property and the values that should inspire any future change of property.