Italian Banking and Financial Law: Crisis Management Procedures, Sanctions, Alternative Dispute Resolution Systems and Tax Rules Crisis Management Procedures, Sanctions, Alternative Dispute Resolution Systems and Tax Rules

by Siclari, Domenico

• ISBN13: 9781137507617
• ISBN10: 1137507616
• Format: Hardcover
• Copyright: 2015-06-03
• Publisher: Palgrave Macmillan

Summary

Within an environment made difficult by the continuing economic crisis, the Italian model for crisis management and resolution has helped to avoid many difficulties faced by intermediaries across the globe. However, the Italian model for crisis management will be forced to adapt to the new EU Bank Recovery and Resolution Directive, which introduces a unified regime for such events in all EU countries.

This book explores the various methods for crisis management employed in Italian finance. The authors discuss procedures used in the banking and insurance sectors, such as deposit guarantee schemes and alternative dispute resolution systems. They also explore the evolution of the administrative sanctioning systems, and the roles of tax rules and credit rating agencies in Italian finance. This book analyses the evolution of the various crisis management processes, and discusses potential goals and improvements within the context of recent measures suggested by the European Commission.

Author Biography

Domenico Siclari is Associate Professor of Economic and Financial Markets Law in the Department of Economics and Law at the University of Rome 'La Sapienza', Italy. He has previously worked as an Officer at the Bank of Italy in Rome and as Counsellor of the Italian Parliament-Chamber of Deputies, where he headed up the Finance Division in the Research Department. After his research work at the Max-Planck- Institute for Comparative Public Law and International Law in Heidelberg, he obtained a Ph.D. in Economic Public Law at the University of Rome 'La Sapienza', and in December 2013 received the National Academic Qualification as Full Professor. He is a member of the scientific committee for the PhD course in Public, Comparative and International Law at the University of Rome 'La Sapienza', and is a member of the Advisory Board of the Law and Economics Yearly Review.

Table of Contents

Notes On Contributors
1. Introduction: Domenico Siclari
2. Italian Crisis Management Procedures In The Banking Sector: Valeria Leggio
3. Crises Of Subjects Operating In Italian Financial And Insurance Sectors: Valeria Leggio
4. Deposit Insurance In Italy: From Italian Banking Law To EU Reforms: Francesca Francesca Pluchino
5. The Peculiar Administrative Sanctioning System For The Italian Financial Markets: Elisabetta Bani
6. Alternative Dispute Resolution Systems In Italian Banking And Finance: Evolution And Goals: Mirella Pellegrini
7. Non-Executive Independent Directors In Corporate Governance Of The Italian Banks And Listed Companies: Domenico Siclari
8. Credit Rating Agencies: Angela Troisi
9. Tax Regulation On Banking System: Massimiliano Lorenzetti