CAPITAL MARKETS – List of Italian financial conglomerates as at 31 December 2022 updated

Newsletter n. 91 – December 2023

CAPITAL MARKETS

List of Italian financial conglomerates as at 31 December 2022 updated

On 23 November 2023, the Bank of Italy, the Italian Insurance Supervisory Authority (IVASS) and Consob updated the list of Italian financial conglomerates, i.e. those corporate groups that carry out activities to a significant extent in both the insurance and the banking and/or investment services sector. The list – referring to data as at 31 December 2022 – includes an insurance-led financial conglomerate that was subject to supplementary supervision already last year and IVASS retains the role of coordinating Authority over such conglomerate. Moreover, the list does not include financial conglomerates that incorporate significant supervised entities, the identification of which is the responsibility of the European Central Bank under the Single Supervisory Mechanism.