Italy : : Detailed Assessment of Observance of IOSCO Objectives and Principles of Securities Regulation

• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2013
• Descrizione fisica: 1 online resource (175 p.)
• Disciplina: 342.446
• Soggetto topico: Foreign trade regulation - Italy; Investments, Foreign; Banks and Banking; Finance: General; Financial Risk Management; Investments: General; Public Finance; Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors; General Financial Markets: General (includes Measurement and Data); Banks; Depository Institutions; Micro Finance Institutions; Mortgages; International Financial Markets; Taxation, Subsidies, and Revenue: General; Auditing; Finance; Investment & securities; Banking; Public finance & taxation; Management accounting & bookkeeping; Financial instruments; Securities; Asset management companies; Legal support in revenue administration; Financial institutions; Asset and liability management; Revenue administration; Public financial management (PFM); Banks and banking; Asset-liability management; Revenue
• Soggetto geografico: Italy
• Note generali: Description based upon print version of record.
• Nota di contenuto: Cover; CONTENTS; GLOSSARY; EXECUTIVE SUMMARY; INTRODUCTION; INFORMATION AND METHODOLOGY USED FOR THE ASSESSMENT; INSTITUTIONAL STRUCTURE; MARKET STRUCTURE; A. Issuers; B. Collective Investment Schemes (CIS); C. Trading Platforms; D. Intermediaries; PRECONDITIONS FOR EFFECTIVE SECURITIES REGULATION; MAIN FINDINGS; TABLES; 1. Summary Implementation of the IOSCO Principles; 2. Recommended Action Plan to Improve Implementation of the IOSCO Principles; Authorities Response; 3. Detailed Assessment of Implementation of the IOSCO Principles
• Sommario/riassunto: This paper discusses main findings of the Detailed Assessment of Observance of International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation in Italy. Italy exhibits a high level of implementation of the IOSCO principles. Overall the legal and regulatory framework is sound, and the regulatory authorities have developed extremely sophisticated arrangements for off-site supervision that have resulted in a robust system of supervision. However, these arrangements need to be complemented by additional on-site inspections to make the system more effective. In addition, the enforcement strategy should be continuously monitored to ensure that there is the right mix of tools to affect behavior.
• Titolo autorizzato: Italy
• ISBN: 1-4755-3542-2; 1-4755-7194-1; 1-4755-7232-8
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910790715603321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Staff Country Reports; Country Report ; ; No. 2013/353