Italy: Investment Strategy

The European Securities and Markets Authority (ESMA) initiated, and completed, the consultation process leading up to the publication - on 14 May 2024 - of its Guidelines on funds' names using ESG...

Tra i cambiamenti, l'introduzione di un regime armonizzato per l'erogazione diretta di prestiti oltre a nuove regole per la gestione dei fondi di erogazione di credito. La versione definitiva è attesa per la primavera.

With the aim of stimulating the investments in the Italian southern regions (s.c. "Mezzogiorno"), the Italian Government has approved a new law decree, namely the "Southern Decree"...

Investment companies already traded in the MIV have been maintained in this market even if they do not fall within the scope of the AIFMD.

Italy has not yet implemented the Directive on Takeover Bids (Directive 2004/25/EC, the "Directive") in its internal legal system. However, Italian tender offer rules currently in force, as set forth in Legislative Decree no. 58 of February 24, 1998, and CONSOB Regulation no. 11971 of May 14, 1999, already provide for many of the concepts set forth in the Directive, since the Italian legislation, when enacted, was based on a previous draft of the Directive.

This article describes the basic features of the regulatory and tax regimes applicable to real estate funds under Italian law.