The Italian Administrative Court (“TAR”) for Latium, IV Division, by order 8083 of 7/12/2023 (RG 15566/2023) , has suspended the Decree dated September 29, 2023 of the Ministry for the Enterprises and of Made in Italy (Mimint), relating to “Operativity of the system to file the data and information relating to the Beneficial Ownership”, published […]
ASL Napoli 3 Sud (a healthcare public institution) has been subject to a fine by the Italian Privacy Authority, which imposed -through decision n. 426/2023- a penalty of €30.000 on the institution. This fine was levied for inadequately protecting the personal and healthcare data of 842.000 individuals -patients and employees- from hacker attacks. Specifically, the healthcare […]
With Order no. 25593 of 01/09/2023, the Supreme Court confirm a legal principle that had already been stated in the past with the previous provision no. 2655/2011. The appealing party had contested a part of the appealed ruling for violating Article 116 of the Italian Civil Procedure Code (regarding the evaluation of procedural evidence), arguing […]
On November 24, the European Banking Authority (EBA) initiated a public consultation on the draft guidelines regarding the prevention of abuse of funds and crypto-asset transfers for the purposes of money laundering and terrorist financing. These guidelines aim to ensure the consistent application of European law, specifying the measures that payment service providers (PSPs), intermediaries […]
On November 27 the European Banking Authority (EBA), extended the guidelines on anti-money laundering and countering the financing of terrorism (AML/CFT) to crypto-asset service providers (CASPs). These guidelines establish the measures that supervisory authorities should observe to identify and manage money laundering (ML) and terrorist financing risks (TF). The guidelines for CASPs will be published […]
The international movement of cultural property is regulated by Legislative Decree no. 43 of January 22, 2004 (“Code of Cultural Heritage and Landscape” or the “Code”), which has been subject to numerous amendments, inter alia: – Law no. 124 of August 4, 2017, “Annual Law for Market and Competition”; – The Ministerial Decree of May […]
The Italian Data Protection Authority– GPDP- clarified through a decision currently being published in the Official Gazette that insurance companies must allow heirs, upon request, to access the names of beneficiaries indicated in life insurance policies taken out by deceased individuals. The decision comes following numerous requests received by the Authority due to conflicting jurisprudential […]
A Privacy Authority’s fine was issued on October 23rd against the e-Campus online University. The university had sent promotional SMS messages without the consent of the recipients, leading to a penalty of € 75.000 by the Authority. This action was taken in response to complaints from some citizens who were receiving unwanted messages, even after […]
In its letter to the market dated November 22, 2023, IVASS provided the instructions for accessing the ANPR (National Resident Population Registry) through the PDND (National Digital Data Platform). Regarding dormant deposits and policies, Article 3, paragraph 1-quinquies of Presidential Decree No. 116 of June 22, 2007, requires insurance companies to consult the national population […]
The 9th IVASS Supervisory Bulletin published on October 31, 2023, reports a fine by IVASS against Monument Assurance Luxembourg SA – General Representation for Italy, amounting to €96,000, for failure to implement enhanced Anti-Money Laundering due diligence measures in relation to 13 clients.
