UPDATES

Anti-Money Laundering: Consultation Paper no. 4/2023 Published by Ivass

On 14 June 2023, IVASS published Consultation Paper No. 4/2023 (hereinafter also referred to as the “Paper”), which sets out the proposed amendments and additions that the Institute intends to make to IVASS Regulation No. 44/2019 (hereinafter also referred to as the “Regulation”) in order to bring it fully into line with the EBA (European […]

News on the calculation of technical provisions

On 6 June 2023, IVASS published Order no. 132/2023 with amendments and additions to Regulation no. 18/2016 which governs the application rules for determining technical provisions. With this Order , IVASS incorporates the Guidelines formulated by the European Insurance and Occupation Pensions Authority (EIOPA) thereby harmonizing the criteria and methods for forming technical provisions with […]

Insurance Law Global Grows Network With the Additions of Argentinian, Italian and French Law Firms

We are pleased to announce that PG Legal has officially become a member of ILG Insurance Law Global, a prestigious international network of leading insurance law firms. This strategic partnership reinforces our commitment to providing exemplary legal services in the insurance sector. For more information, please see the official press release on the ILG website: https://www.insurancelawglobal.com/news-views/articles/insurance-law-global-grows-network-to-11-members-with-the-additions-of-argentinian-italian-and-french-law-firms/

Wrongful Action And Breach Of Trust: Ordinary Judge To Decide

With the order of 19 January 2023, n. 1567, the Supreme Court of Cassation in nomophilactic function, affirmed a very important principle of law according to which, jurisdiction belongs to the Administrative Judge only in matters in which the cause of the claims is exactly rooted in modalities of the exercise of Administrative power. In […]

Anti-Money Laundering: New Anomaly Indicators

On 12 May 2023 the Financial Intelligence Unit of the Bank of Italy (“FIU”) issued a new Regulation (hereafter referred to as the “Regulation”) in implementation of the power conferred on it by art. 6, paragraph 4, letter e), of Legislative Decree 231/2007 (hereafter referred to as the “anti-money laundering decree”) in which are contained […]

NFTs And The Metaverse: Another Legal Landmark On The European Stage

The landmark Italian ruling between Juventus F.C. and Blockeras s.r.l. at the end of last year, notably the first time a European court has deemed an NFT to be infringing IP rights, has been followed by another milestone European judgement in the field. Indeed, in a case between VEGAP and Punto FA, the Commercial Court […]

EU-US Data privacy framework: The european parliament expresses concerns.

With the recent resolution adopted on 11 May 2023, the European Parliament voted against the “Data Privacy Framework”, i.e. the new agreement intended to regulate the transfer of personal data between the European Union and the United States. Already, back on the 14th of February 2023 the Committee on Civil Liberties, Justice and Home Affairs […]

Nosocomial Infections: How to Establish Liability

The Supreme Court of Cassation has pronounced a historic sentence marking a turning point in the question of attributing medical liability in cases where nosocomial infections have arisen. The decision refers to those infections that the patient allegedly contracts within the hospital or other healthcare facilities and establishes that they cannot fall within the objective […]