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.
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Il 9° bollettino di vigilanza IVASS pubblicato in data 31 ottobre 2023 riporta un provvedimento sanzionatorio da parte dell’IVASS a carico di Monument Assurance Luxembourg SA – Rappresentanza Generale per l’Italia, pari ad € 96.000, per mancata applicazione di misure rafforzate di adeguata verifica in relazione a 13 clienti.
Updates
Unauthorized Telemarketing: 10 Million Euro Fine from the Privacy Authority to an Energy and Gas Supplier
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The Privacy Authority, as part of its efforts to fight against unauthorized telemarketing, recently imposed a 10 million euro fine on Axpo Italia Spa, an energy producer and supplier of gas and electricity. The penalty was issued in response to numerous users’ complaints regarding the company’s activation of unsolicited contracts in their names through the use of […]
italian version
Telemarketing illecito: multa da 10 milioni dal Garante Privacy a una società fornitrice di luce e gas
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Il Garante Privacy, nell’ambito della sua azione di lotta al telemarketing illecito, ha recentemente comminato una multa da 10 milioni di euro ad Axpo Italia Spa, società produttrice di energia e fornitrice di gas e luce. La sanzione è stata inflitta a seguito di numerosi reclami di utenti che lamentavano l’attivazione da parte della società […]
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On November 13, on the Google Meet platform, it was possible to attend a video conference of the MEFOP Working Table, during which various relevant subject matters relevant to EU legislation were discussed. These included the revision of the SFDR (Sustainable Finance Disclosure Regulation), updates regarding the DORA (Digital Operational Resilience Act), and a proposal […]
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In data 13 novembre, tramite la piattaforma Google Meet, è stato possibile seguire in videoconferenza il Tavolo di lavoro MEFOP nel corso del quale si è discusso di diversi temi comunitari tra i quali la revisione del Regolamento SFDR (Sustainable Finance Disclosure Regulation), gli aggiornamenti in materia di DORA (Digital Operational Resilience Act) nonché una […]
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On November 11, the Italian Banking Association (ABI) published on its website the fifth edition of the “Communication on Engagement” aimed at promoting the development of an economic model that considers social, environmental, and climate imbalances. The statement describes the activities carried out by ABI from 2021 to the early months of 2023 in line […]
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In data 11 novembre, l’ABI (Associazione Bancaria Italiana) ha pubblicato sul suo sito internet la quinta edizione della dichiarazione di impegno “Communication on Engagement” volta a promuovere lo sviluppo di un modello economico che tenga conto degli squilibri sociali, ambientali e climatici. Nella dichiarazione vengono descritte le attività svolte dall’ABI, a partire dal 2021 fino […]
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The European Insurance and Occupational Pensions Authority (EIOPA) has released the Insurance Risk Dashboard for November 2023 on its website. The Risk Dashboard, based on Solvency II data, summarizes the key risks and vulnerabilities of the insurance sector in the European Union through a set of risk indicators. The data is based on financial stability […]
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During the 45th Global Privacy Assembly, a conference bringing together all data protection authorities worldwide, held from October 15 to 20 in Hamilton, Bermuda, one of the hot topics was artificial intelligence, particularly generative AI (such as ChatGPT). The Privacy Authority collaborated with German and UK authorities to draft a resolution on the use of […]